Apple Inc is a technology company that designs produces

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Apple Inc. is a technology company that designs, produces, and sells a variety of digital
devices, including the iPod, iPhone, and iPad. The following data (in millions) were adapted
from a recent financial statement of Apple.1. Compute the ratio of liabilities to total assets for
Years 1 and 2. Round to one decimal place.2. Given your answer to part (1), what is the ratio of
stockholders’ equity to total assets? Round to one decimal place.3. Compute the ratio of
liabilities to stockholders’ equity. Round to one decimal place.4. Are Apple’s operations
financed primarily with liabilities or equity? 5. Comparing Years 1 and 2, should creditors feel
more or less safe in Year 2?6. With a market price of $444.38, compute the price-earnings ratio
for Year 2. 7. With a market price of $459.68, compute the price-earnings ratio for Year 1.8.
Compare the results from parts (6) and (7). Comment on anydifferences.
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Apple Inc is a technology company that designs produces and
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