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Problem1. find out and interpret ratios

Dell Corporation and Apple Inc. reported the following information in their 2009 yearly financial statements ($ in millions):

Dell Corporation                  2009         2008

Net sales                        $ 61,101     $ 61,133
Net income                          2,478         2,947
Total assets                       26,500       27,561

Apple Inc.                           2009          2008

Net sales                        $ 36,537     $ 32,479
Net income                          5,704         4,834
Total assets                       53,581       39,572

Problem2

Required:

1. find out Dell’s profit margin, return on assets, and asset turnover ratio for 2009.

Problem3:

2. find out Apple’s profit margin, return on assets, and asset turnover ratio for 2009.

Financial Accounting, Accounting

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