Question: You will now have the opportunity to apply some of the concepts reviewed in the prior modules to the financial statements to Apple Inc. The background material in Modules 2 and 3 cover the concepts relating to the balance sheet and income statement.
Case Assignment:
Required: • Briefly explain your interest in Apple Inc. and its business.
• Go to the company's website and locate the most recent annual financial statement (10-K or Annual Report). Include a screenshot of the website and a link to the financial statement in your write-up.
• Download and save the financial statement. Submit the file as separate file as part of the assignment.
• Does the corporation have an operating income or loss?
• What is the amount of total assets on the balance sheet?
• What type of the information is found in Statement of shareholders' equity?
• What type of the information is found in Statement of cash flows?
• How is the statement of cash flow different than the income statement?
• The report includes a lot of information in addition to the financial statements. Provide examples of two other kinds of content and makes a brief comment about each example.
Assignment Expectations: Respond to all questions showing your computations and/or using your own words. Do not use an essay format.
Show sources when appropriate and APA format is suggested, but not required.
• The objective for this assignment is to apply ratio analysis using financial statements of a U.S. public company.
Video: The Users of Accounting Information (By Intan Hannani)
The financial statements tell a story about the financial health of a business at a given point in time. The purpose of this SLP is to apply ratio analysis to assess financial health of a publicly held corporation. Use the financial statements identified in the module four case to compute three ratios, one for each of the three following categories
• Liquidity (solvency),
• debt service, and
• profitability.
Comment on the ratios by answering the following questions. I've attached the IBIS report on the computer industry for you. Please Use the statistics Key(see IBIS attachment) to view the ratios.
1. Name the company and show the computation of the three ratios.
2. Comment on the purpose and information conveyed by each ratio.
3. What did you learn about the company by reviewing the three ratios?
4. What is your conclusion about liquidity, debt, and profitability for this company?
5. How successful is the company relative to the industry average and leaders in its industry? Indicate the industry and specialty industry report used for comparison. Write two paragraphs or more. Include ratios found in the IBIS database to support your conclusion.
Information related to above question is enclosed below:
Attachment:- IBISWorldUS-IndustryCompanyandBusinessResearchReportsandInformationKeyStatistics.rar