(Answered) Your parents are considering investing in apple inc common

Accounting

Your parents are considering investing in Apple Inc. common stock. They ask you, as an accounting expert, to make an analysis of the company for them. To access Apple's Form 10-K from 2013: Filed 10/30/13 for the Period Ending 09/28/13, including notes to the financial statements, follow these steps: 1. Go to http://investor.apple.com. 2. Select the Financial Information tab. 3. Select the 10-K annual report dated September 28, 2013. 4. Refer to the notes to consolidated financial statements. Refer to Apple's financial statements and answer the following question. Make a 3-year trend analysis, using 2011 as the base year, of net sales and net income. Compute the debt to assets ratio and times interest earned for 2013 and 2012.

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