Mission:
"Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and internet offerings."
Vision:
"Man is the creator of change in this world. As such he should be above systems and structures, and not subordinate to them."
Apple Inc. is a corporation which is a manufacturer of personal computers, mobile phones, computer peripherals, and computer software. Apple Inc. is well known for their hardware products such as iPad, iPhone, iPod, and the Macintosh computer. Apple was the first successful personal computer company, one of the largest companies globally, and also the most valued Technology Company …show more content…
With $.86 per $1 left over for future liabilities. The quick ratio is 1.40 so they had $1.40 for every $1 of short term liabilities. With $.40 left over after paying $1 of liabilities. This means they were producing and selling their inventory regularly. The results for 2014 above are current assets of 1.08 so they had $1.08 for every $1 of liabilities. This only leaves $.08 for future liabilities.
The quick ratio is 1.05, so they had $1.05 for every $1 of liabilities. This leaves only $.05 after paying $1 of short term liabilities for future liabilities. This means business has dropped off. The results for 2015 above are 1.11 so they have $1.11 for every $1 of liabilities. This only leaves
$.11 for every $1 of future liabilities. The quick ratio is 1.08 so they had $1.08 for every $1 of short term liabilities. This leaves $.08 for future liabilities, which means the business is picking up …show more content…
This one determines how the company manages its profits. The more the profit the more willing a company is to set aside a lower ratio. These tell if a company is using its resources to generate income properly.
According to the results for Apple Inc. in years 2013, 2014, and 2015 these ratios are pretty good. The roe (return on equity) ratio is going up which means that accounts payable is being used properly and being capitalized on. This is the most important ratio out of this category as it tells investors how good the company is doing. Same with the ROA (return on assets) this is staying consistent threw the three years. This ratio means that the assets are turned over about 18 times, which is a good.
The gross profit margin tells how much we make per $1. The ratios here mean that for every dollar we earn we have a gross profit margin of about 40% which is good even though 50% is