Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Accounting Expert

For this assignment you are acting as a financial analyst for Apple Inc. Apple Inc. is one of the most innovative companies worldwide.  For ex, in November 2012 Apple sold 3 million ipads in 3 days after the launch of the new ipad mini and the 4th generation ipad. You have been provided with a three-year financial history of Apple Inc. (note that this information is an excerpt from their Consolidated Financial Statements; For a copy of their Annual Reports and for further information you can visit their website:

http://investor.apple.com/financials.cfm).
 
This is an individual assignment and each student must hand in their own copy. You will be graded on your analytical skills and the content of your analysis.        
 
Required:
 
1) Perform horizontal financial analysis; Using at least 5 financial ratios, including both Balance Sheet and Income Statement ratios, discuss the financial performance of Apple Inc. from 2009, 2010, and 2011. Choose the ratios that you think are the most useful for analyzing Apple Inc., making sure to address profitability, solvency, and liquidity. You must interpret the ratios within your discussion.
 
2) Conclude on whether you would invest today in Apple Inc. and provide rationale as to why or why not. Discuss at least 3 points which support your conclusion, and 1 of these points must relate to a competitor’s financial performance (ie: Samsung, RIM, etc...).  These points can be either quantitative or qualitative but must be supported by evidence, so make sure to provide copies of materials/articles referenced. Google finance website is a useful tool.

http://www.google.ca/finance?q=NASDAQ%3AAAPL&ei=mYymUKCzI8ObiAK1Ow

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M9405

Have any Question? 


Related Questions in Financial Accounting

Which one of the choices below is most correct regarding a

Which one of the choices below is most correct regarding a cause of sampling? risk? A. use of random sampling B. ineffective use of audit procedures C. testing less than the entire population D. use of extensive tests of ...

Compute the three ratios after evaluating the effect of

Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately. (Round all ratios to two decimal? places) a. borrowed $130.000 on a long-term note payable. b. ...

Ignore income taxes in this problem the following data

(Ignore income taxes in this problem.) The following data pertain to an investment proposal: Cost of the investment $56,000 Annual cost savings $16,000 Estimated salvage value $6,000 Life of the project 5 years Discount ...

Your companys summarized financial information for the

Your company's summarized financial information for the beginning and projected end of the current year is as follows: Beginning of the Year - Assets $90,000, Liabilities 30,000, Equity 60,000, Net Income = Blank. End of ...

Which of the following will be listed in the operating

Which of the following will be listed in the operating section of the statement of cash flows that is prepared using the indirect? method? A. payments to suppliers B. ?increases/decreases in current liabilities C. collec ...

Finke companys employees are paid each friday for hours

Finke Company's employees are paid each Friday for hours worked the previous week. At the end of the accounting period, Finke Company accrues $3,200 for earned salaries that have not yet been paid. Which of the following ...

Richard age 40 is the owner of auto repair inc in addition

Richard, age 40, is the owner of Auto Repair, Inc. In addition to Richard, the company has five employees. Richard wants to establish a retirement plan for his employees. He is considering two plans: (1) a Section 401(k) ...

Use edgar to find qualcomms 10-k filing for 2015 from the

Use EDGAR to find Qualcomm's 10-K filing for 2015. From the balance sheet, answer the following questions: How much did Qualcomm have in cash, cash equivalents, and marketable securities (short- and long-term)? What were ...

Cross receives a monthly paycheck from a bakery plant of

Cross receives a monthly paycheck from a bakery plant of $3,500.30. She is married and is entitled to 3 withholding allowances. How much is her taxable income? Use the percentage method tables in Exhibit 9-1 and Exhibit ...

A comparative balance sheet for century company appears

A comparative balance sheet for Century Company appears below: Century COMPANY Comparative Balance Sheet   Dec. 31, 2015 Dec. 31, 2014 Assets     Cash $29,000 $10,000 Accounts receivable 18,000 14,000 Inventory 27,000 18 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate