Apple
Apple
Apple
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Financial Analysis<br />
Liquidity Ratios<br />
Working capital increased because total assets increased.<br />
Current ratio has decreased because current liabilities have<br />
almost doubled in the year.<br />
Receivables turnover has decreased because net sales increased<br />
substantially while accounts receivable only increased by a little<br />
bit.<br />
Average day’s sales uncollected has increased because receivables<br />
turnover had decreased.<br />
Inventory turnover has increased because inventory for 2010 has<br />
increased.<br />
Average day’s inventory on hand has decreased because<br />
inventory turnover has increased showing that <strong>Apple</strong> is selling<br />
more inventory and is having less inventory on hand.
Change language