As an employee of Apple find the following based on current financial data available online

• Read the description of the company, including the type of business it is in. Why is gaining an understanding of the industry and type of business an important starting point for financial statement analysis?

• Calculate the companies current ratio, quick ratio, and cash ratio for the most current year.

• Calculate the Gross Profit Rate,Earning Per Share and return on equity for the most current year

• Why do you think the Internet has become such a widely used source of financial information by investors and creditors?