Financial Statement

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Question Description

Research Apple Inc. 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.

Tutor Answer

School: University of Virginia

Hi! Please have a look at the attached answer to this question and get back to me in case of anything. Thank you.


Analysis of Apple Inc. Financial Statements




Analysis of Apple Inc. Financial Statements as at 24th September 2016
Financial statement of an organization is important to both internal and external users. Both
parties use the statement to make an important decision concerning the company. The external
user includes the investors, labor unions and creditors whereas the internal user is mainly managers
of the organization. This paper summarizes the financial statement analysis for Apple Inc. and the
relevance of this information to both internal and external users.
The first component commonly used by investors is the net income. The net income for
Apple Inc. for the fiscal year is $ 45,687 compared to the previous year net income of $53,394.
This shows a decrease in net income by $7,707 (Apple Inc., 2016 pp. 40). A decrease in net income
impacts the current investors negatively by reducing the return on investment.
Another common component of the financial used by the external users is ...

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Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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