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The following is available: Solution: Total Debt calculates by using the formula given below Total Debt = Commercial Paper + Term Debt Total Debt = $11,964 million + $102,519 million Total Debt = $114,483 million Debt-to-Equity Ratio calculates by using the formula given below Debt-to-Equity Ratio = Total Debt / Total Equity Debt-to-Equity Ratio = $114,483 million / $107,147 million Debt-to-Equity Ratio = 1.07x The Equity Ratio calculates by using the formula given below Equity Ratio = Total Equity / Total Assets Equity Ratio = $107,147 million / $365,725 million Equity Ratio = 0.29x Debt Ratio calculates by using the formula given below Debt Ratio = Total Debt / Total Assets Debt Ratio = $114,483 million / $365,725 million Debt Ratio = 0.31x Therefore, Apple Inc.’s debt-to-equity ratio, equity ratio, and debt ratio for the year 2018 were 1.07x, 0.29x, and 0.31x, respectively
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