Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Calculate a break even analysis for Apple Inc in relation to the new iPhone 14 and 14 Pro 2. What is the Sales forecast

1. Calculate a break even analysis for Apple Inc in relation to the new iPhone 14 and 14 Pro
2. What is the Sales forecast and Expense forecast?
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The clearer image is below the blurry one if scroll down.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares which are reflected in thousands and per share amounts) Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income Earnings per share: Basic Diluted $$1.411.40$$0.640.64$$3.113.08$$1.911.89 Shares used in computing earnings per share: BasicDiluted16,753,47616,929,15717,440,40217,618,76516,844,29817,021,42317,550,28117,718,591 (7) Net sales by reportable segment: (1) Net sales by category: CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except number of shares which are reflected in thousands and par value) Non-current assets: LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: Non-current liabilities: Term debt Other non-current liabilities 108,64252,95398,66754,490 Non-current liabilities: Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 16,686,305 and 16,976,763 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income/(loss) Total shareholders' equity Total liabilities and shareholders' equity CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions) Changes in operating assets and liabilities: \begin{tabular}{lrr} Accounts receivable, net & (2,347) & 7,284 \\ Inventories & (1,226) & 699 \\ Vendor non-trade receivables & 6,792 & 7,923 \\ Other current and non-current assets & (4,333) & (8,866) \\ Accounts payable & (1,997) & (13,520) \\ Deferred revenue & 1,642 & 1,223 \\ Other current and non-current liabilities & 3,045 & 7,500 \\ \hline Cash generated by operating activities & 62,744 \\ \cline { 3 - 4 } \end{tabular} Investing activities: \begin{tabular}{lrr} Purchases of marketable securities & (74,424) & (66,489) \\ Proceeds from maturities of marketable securities & 39,605 & 39,738 \\ Proceeds from sales of marketable securities & 21,645 & 27,762 \\ Payments for acquisition of property, plant and equipment & (5,769) & (3,960) \\ Payments made in connection with business acquisitions, net & (1,134) \\ Other Cash used in investing activities & & (572) \\ \cline { 3 - 4 } & (4,655) \\ \hline \end{tabular} Financing activities: Financing activities: Supplemental cash flow disclosure: Cash paid for income taxes, net Cash paid for interest $$10,2761,327$$7,5051,689 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares which are reflected in thousands and per share amounts) Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income Earnings per share: Basic Diluted $$1.411.40$$0.640.64$$3.113.08$$1.911.89 Shares used in computing earnings per share: BasicDiluted16,753,47616,929,15717,440,40217,618,76516,844,29817,021,42317,550,28117,718,591 (7) Net sales by reportable segment: (1) Net sales by category: CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except number of shares which are reflected in thousands and par value) Non-current assets: LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: Non-current liabilities: Term debt Other non-current liabilities 108,64252,95398,66754,490 Non-current liabilities: Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 16,686,305 and 16,976,763 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income/(loss) Total shareholders' equity Total liabilities and shareholders' equity CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions) Changes in operating assets and liabilities: \begin{tabular}{lrr} Accounts receivable, net & (2,347) & 7,284 \\ Inventories & (1,226) & 699 \\ Vendor non-trade receivables & 6,792 & 7,923 \\ Other current and non-current assets & (4,333) & (8,866) \\ Accounts payable & (1,997) & (13,520) \\ Deferred revenue & 1,642 & 1,223 \\ Other current and non-current liabilities & 3,045 & 7,500 \\ \hline Cash generated by operating activities & 62,744 \\ \cline { 3 - 4 } \end{tabular} Investing activities: \begin{tabular}{lrr} Purchases of marketable securities & (74,424) & (66,489) \\ Proceeds from maturities of marketable securities & 39,605 & 39,738 \\ Proceeds from sales of marketable securities & 21,645 & 27,762 \\ Payments for acquisition of property, plant and equipment & (5,769) & (3,960) \\ Payments made in connection with business acquisitions, net & (1,134) \\ Other Cash used in investing activities & & (572) \\ \cline { 3 - 4 } & (4,655) \\ \hline \end{tabular} Financing activities: Financing activities: Supplemental cash flow disclosure: Cash paid for income taxes, net Cash paid for interest $$10,2761,327$$7,5051,689

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management Accounting And Control

Authors: Don R. Hansen, Maryanne M. Mowen

3rd Edition

0324002327, 978-0324002324

More Books

Students also viewed these Accounting questions

Question

Why is persistence important? (p. 211)

Answered: 1 week ago