Terms in this set (32)Students also viewedSets found in the same folderOther sets by this creator
Verified questions
finance <span style="color:#1E90FF;">**Apple Inc.**</span> designs, manufactures, and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Substantially all of the company’s net sales over the last five years are from sales of its Macs, iPods, iPads, and related software and peripherals. For two recent fiscal years, Apple reported the following (in millions): ||<center>Year 2 |<center>Year 1| |:--|---:|---:| |Net sales |$65,225|$42,905| |Accounts receivable at end of year |5,510 |3,361| Assume that the accounts receivable (in millions) were $2,422 at the beginning of fiscal Year 1. 1. Compute the accounts receivable turnover for Year 2 and Year 1. Round to one decimal place. 2. Compute the days’ sales in receivables at the end of Year 2 and Year 1. Round to one decimal place. 3. What conclusions can be drawn from (1) and (2) regarding Apple’s efficiency in collecting receivables? Verified answer Recommended textbook solutions
Other Quizlet setsRecommended textbook solutions
Politics in States and Communities15th EditionSusan A. MacManus, Thomas R. Dye 177 solutions American Government1st EditionGlen Krutz 412 solutions Government in America: Elections and Updates Edition16th EditionGeorge C. Edwards III, Martin P. Wattenberg, Robert L. Lineberry 269 solutions
American Corrections11th EditionMichael D. Reisig, Todd R. Clear 160 solutions Recommended textbook solutionsAmerican Government1st EditionGlen Krutz 412 solutions Politics in States and Communities15th EditionSusan A. MacManus, Thomas R. Dye 177 solutions
Government in America: Elections and Updates Edition16th EditionGeorge C. Edwards III, Martin P. Wattenberg, Robert L. Lineberry 269 solutions
American Corrections11th EditionMichael D. Reisig, Todd R. Clear 160 solutions |
Which of the following statements about 527 groups is least accurate quizlet?
zusammenhängende Posts
Urheberrechte © © 2024 WIKIFI Inc.
