Compare the calculated financial ratios


Task: Please help in reviewing and analyzing Apple, Inc's financial statements from the past 3 years: 2011, 2012, and 2013.

Calculate (show calculations) the financial ratios of Apple's financial statements, and then interpret those results against company historical data as well as industry benchmarks:

• Compare the financial ratios with each of the preceding three (3) years (e.g. 2014 with 2013; 2013 with 2012; and 2012 with 2011).

• Compare the calculated financial ratios against the industry benchmarks for the industry of your assigned company.

Please include in-text citations and references.

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Accounting Basics: Compare the calculated financial ratios
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