Assignment:
You will now have the opportunity to apply some of the concepts reviewed in the prior modules to the financial statements to Apple Inc. The background material in Modules 2 and 3 cover the concepts relating to the balance sheet and income statement.
Case AssignmentRequired
• Briefly explain your interest in Apple Inc. and its business.
• Go to the company's website and locate the most recent annual financial statement (10-K or Annual Report). Include a screenshot of the website and a link to the financial statement in your write-up.
• Download and save the financial statement. Submit the file as separate file as part of the assignment.
• Does the corporation have an operating income or loss?
• What is the amount of total assets on the balance sheet?
• What type of the information is found in Statement of shareholders' equity?
• What type of the information is found in Statement of cash flows?
• How is the statement of cash flow different than the income statement?
• The report includes a lot of information in addition to the financial statements. Provide examples of two other kinds of content and makes a brief comment about each example.
Assignment Expectations
Respond to all questions showing your computations and/or using your own words. Do not use an essay format.
Show sources when appropriate and APA format is suggested, but not required.
• The objective for this assignment is to apply ratio analysis using financial statements of a U.S. public company.
https://www.youtube.com/watch?time_continue=51&v=O6clb2SEOTc
There are 2 separate assignments. This is the first one (Case 4). Please see instructions for the other one (SLP 4 - use IBIS document) on the SLP 4 word document. Thank you.