FIN – 515 Managerial Finance FIN – 515 Managerial Finance Question 29. In fiscal year 2011, Starbucks Corporation (SBUX) had revenue of $11.70 billion, gross profit of $6.75 billion, and net income of $1.25 billion. Peet’s Coffee and Tea (PEET) had revenue of $372 million, gross profit of $72.7 million, and net income of $17.8 million.a. Compare the gross margins for Starbucks and Peet’s.b. Compare the net profit margins for Starbucks and Peet’s.c. Which firm was more profitable in 2011?30. In mid-2012, Apple had cash and short-term investments of $27.65 billion, accounts receivable of $14.30 billion, current assets of $51.94 billion, and current liabilities of $33.06 billion.a. What was Apple’s current ratio?b. What was Apple’s quick ratio?c. What was Apple’s cash ratio?d. In mid-2012, Dell had a cash ratio of 0.67, a quick ratio of 1.11 and a current ratio of 1.35. What can you say about the asset liquidity of Apple relative to Dell? Save your time! Proper editing and formatting Free revision, title page, and bibliography Flexible prices and money-back guarantee ORDER NOW