accounting assignment

Anonymous
timer Asked: Dec 19th, 2018
account_balance_wallet $10

Question description

NO PLAGIARISM

ORIGINAL THOUGHTS ONLY

PLEASE FOLLOW INSTRUCTIONS

USE A US COMPANY PLEASE


Purpose of Assignment

This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company's liquidity, solvency, and profitability.

Assignment Steps

Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC), University Library, Library resources: Company Directories and Financials

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Select a publicly traded, U.S. corporation with which you are familiar or one where you currently work or have worked in the past.

Research the company on the Internet and download the Income Statement, Statement of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows.

Develop a minimum 700-word examination of the financial statements and include the following:

  • Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year?
  • Explain the relevance of changes in net income to investors.
  • Determine the ending balance in shareholders' equity. Why would organizations such as labor unions be interested in this?
  • Determine the total value of assets.
  • Discuss the relevance of the total value of assets to potential creditors and why this is important.
  • Compute the return on assets. Discuss the relative profitability of the company based on your results.
  • Compute the working capital and current ratio. Evaluate the relative liquidity of the company based on your results.
  • Compute the debt to assets ratio and the free cash flow for your company. Analyze the results and comment on the relative solvency of the company.
  • Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making?

Show your work in Microsoft® Word or Excel®.

Complete calculations/computations using Microsoft® Word or Excel®.

Include the four financial statements along with your assignment.

Format your assignment consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

Tutor Answer

darrenfrankel
School: Boston College

Attached.

Running head: EXAMINATION OF APPLE’S FINANCIAL STATEMENTS

Examination of Apple’s Financial Statements
Name
Institution

1

EXAMINATION OF APPLE’S FINANCIAL STATEMENTS

2

Examination of Apple’s Financial Statements
Apple Company has a net income of $53.394 billion for the fiscal year 2015 as 26th
September. The net income is a significant increase when compared to the previous year which
was $39.510 billion. The increase in the net income was by 35.14% or 13.884 billion dollars.
The above statistic shows significant growth of the Apple Company in the fiscal year.
The change in the net income for the company is a good indicator for foreign as well as
local investors since there is an increase in the same. As a result of the above, the company’s
return on investment has increased. The latter will significantly attract investors with the
intention of investing in the company with the investors expecting high dividend payouts along
with high returns. In addition, there will be an increase in the demand for the company’s stock
which will cause increased price in the market of the stock. In light of the increa...

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Anonymous
Posted this and got four bids within 15 minutes. Clearly lots of tutors on the platform, quality was pretty legit too.

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