The following data were included in a recent Apple Incorporated annual report (in millions): 2015 2016 2017 2018
Net revenue $233,715 $215,640 $229,230 $265,600
Net property, plant, and equipment 22,471 27,010 33,780 41,300

Required:
a. Compute Apple's fixed asset turnover ratio for 2016, 2017, and 2018. During 2018, Microsoft reported a fixed asset turnover ratio of 3.8.
b. Was Apple's turnover better or worse than Microsoft's in that year?

Witch is an example of a non durable good?

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?