About Apple inc. below is the data if cant see clearly,the datas are on the site https://www.apple.comewsroom/pdfs/FY21_Q4_Consolidated_Financial_Statements.pdf

CORPORATE ANALYSIS You are to prepare a FINANCIAL ANALYSIS REPORT on a corporation either assigned by or approved by your teacher. It must be typed and according to professional/academic report standards. It must include a title page, table of contents & your company's financial statements. You analysis must include the following but is NOT LIMITED to the following: Part 1: The Report 1. Write a brief description of the company (1-2 paragraphs) a. What industry are they in? How long have they existed? b. What products/services do they sell? C. Current Stock price & earning per share 2. Complete a horizontal analysis of the company's income statement (Make sure to compare/include the current year and previous year) a. Write a paragraph explaining the results of this analysis e.g. have the company's revenues increased? Decreased? Did expenses go up or down? 3. Complete a vertical analysis of the balance sheet for the current and previous year for the following accounts: a. Assets: Cash, receivables, merchandise inventory, goodwill, +2 asset accounts of your choice b. Liability + 0.E: Accounts Payable, Notes Payable, Owners Capital, + 1 other liability account of your choice c. What accounts are the largest % of assets? Liabilities + Owners Equity? d. Write 2-3 paragraphs explaining the results 4. Calculate the current ratio for the current and previous years. a. Comment on the liquidity of the company in 1-2 paragraphs 5. Calculate the profit margin for the current and previous years. a. Comment on the profitability of this company in 1-2 paragraphs 6. Your analysis overview and recommendation. (2-3 paragraphs) a. Strengths & weaknesses Explain why in detail. b. Would you invest? Explain why in detail. N w 2/3 Apple Ine. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except number of shares which are reflected in thousands and par value) September 25 2021 September 26, 2020 ASSETS: Current assets Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets 34,940 $ 27,699 26,278 6,580 25.228 14111 134,836 38,016 52.927 16,120 4,061 21,325 11.264 143 713 Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets 127,877 39,440 4849 216, 186 351,0025 100,887 36,766 42,522 180,175 323,888 LIABILITIES AND SHAREHOLDERS' EQUITY: 5 Current liabilities Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities 54,763 47,493 7612 6,000 9,613 125,481 42.296 42,684 6,643 4996 8,773 105,392 Non-current liabilities: Term debt Other non-current liabilities Total non-current abilities Total liabilities 109.106 53,325 162,431 287912 98,667 54490 153,157 258 549 Commitments and contingencies Shareholders' equity Common stock and additional paid-in capital, 80.00001 par value: 50,400,000 shares authorized, 16,426,786 and 16,976,763 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income foss Total shareholders' equity Total abilities and shareholders equity 57,365 5,562 163 63,090 351,002 50,779 14,966 406) 65,339 323,888 $ Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) in millions) Twelve Months Ended September 25, September 26, 2021 2020 $ 39,789 $ 50 224 94,630 57,411 11,284 7,906 [4.774) (1471 11,056 6,829 (215) 1971 (10,125) (2,642) (3,903) 18,0421 12,326 1,676 5.799 104,038 6.917 (127 1553 19,588) (4,062) 2,081 8916 80,674 Cash, cash equivalents and restricted cash, beginning balances Operating activities: Net income Adjustments to reconcile net income to cash generated by operating activities: Depreciation and amortization Share-based compensation expense Deferred income tax benefit Other Changes in operating assets and liabilities: Accounts receivable, net Inventories Vendor non-trade receivables Other current and non-current assets Accounts payable Deferred revenue Other current and non-current liabilities Cash generated by operating activities Investing activities: Purchases of marketable securities Proceeds from matunities of marketable securities Proceeds from sales of marketable securities Payments for acquisition of property, plant and equipment Payments made in connection with business acquisitions, net Other Cash used in investing activities Financing activities: Proceeds from issuance of common stock Payments for taxes related to net share settlement of equity awards Payments for dividends and dividend equivalents Repurchases of common stock Proceeds from issuance of term debt, net Repayments of term debt Proceeds from/(Repayments of commercial paper, net Other Cash used in financing activities Decrease in cash, cash equivalents and restricted cash Cash, cash equivalents and restricted cash, ending balances Supplemental cash flow disclosure: Cash paid for income taxes, net Cash paid for interest (109,558) 59,023 47,460 (11,085) (33) 13521 (14,545) (114,938) 69,918 50.473 17,309) 11,524) 1909 14,289) 1,105 16,556) (14,467) (85,971) 20,393 (8,750) 1,022 (129 193,353) (3,860) 35,929 $ 13.634) 114.081) (72,358) 16,091 (12,629) (063) 1126 186,820 110,435 39,789 9,501 $ $ 25,385 2.687 $ $ 3,002 14:42 1 1/3 Appleine CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) un milions, except number of shares which are reflected in thousands and pershare amounts Tate Mother September 25. September 26. September 25, September 26, 2011 3030 2021 2020 Net sales Products $ 65,0835 501495 297,392 $ 220,747 Services 13277 14,549 68.425 53.768 Total net sales 33.0 64,098 365.817 274.515 Cost of sales Products 42.790 35,197 192.266 151.286 Services 5296 4.812 20.215 18.272 Total cost of sales 2 40.009 219.981 169.550 Gross margin 35.174 24,689 152,830 104,956 Operating expenses Research and development Selling general and administrative Total operating expenses 5772 5616 11.30 4978 4936 9.914 2014 21973 43,88 18.752 19916 38,668 54.775 Operating income Other income/expensel, met Income before provision for income Provision for income taxes Net income 22786 1993 20.45 2609 20:55 $ 14.00 2.228 12.623 $ 108.949 258 109,207 14522 94680$ 66288 803 67,091 9.680 57,411 ON 0.735 5.67 5615 3:31 3.28 Earnings per share Basie Diluted Shares used in computing camnings per share Basic Die 15.487.121 16.635.097 17,057.622 17.256,521 16.701.272 16,864919 17.352.110 17,528.214 Net sales by reportable segment American Europe Greater Chine Japan Rest of Asia Pacific Total net sales 38.22030,698 $ 158,306 $ 124,556 20,794 15.900 89.307 68,640 14.563 7,946 68.306 40,300 5. 5,023 28.482 21,418 5.192 411 25.356 19.593 82.360$ 54.000 $365,897 $ 276,515 Net sales by category: Phone Mac Pad Wearables Home and Accessories Services Total net sales 33.868 9,178 8.252 8785 26.444 5191,9735 2012 35.190 6.797 362 2.875 38.367 2425 54,6985 366 817 137,781 28.622 23.724 30,620 5.2018 274,515 83.3805