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Apple Computer's Stock Price Jumped When It Announced That Its

question 11

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Apple computer's stock price jumped when it announced that its revenue had increased because of the successful launch of iPhone and the increased sales of Macintosh computers.This is an example of


Definitions:

Return on Common Equity

A financial ratio indicating the amount of net income returned as a percentage of shareholders equity, measuring a company's profitability in generating profits from its equity financing.

Long-term Debt

Borrowings and financial obligations that are due for repayment beyond the period of one year.

Current Asset Turnover Ratio

A financial metric that measures the efficiency of a company's use of its current assets by comparing its net sales to its current assets.

Accounts Receivable

Money owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

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