Below are Apple Inc. financial statements: Apple Inc.

CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except number of shares which are reflected in thousands and per share amounts)

Project Requirements:

As a financial analyst for Apple Inc., you are tasked to prepare and write a financial analysis report. The financial analysis report will include financial ratio analysis and providing recommendations for Apple Inc.

Financial Analysis Format:

• Introduction - Company Profile (10 points)
• Body (40 points) - Purpose and use of financial ratios
• Part I. Liquidity Ratios 2016 and 2017
• Computation and Interpretation per ratio
• Part Il. Profitability Ratios 2016 and 2017
• Computation and Interpretation per ratio
• Part Ill. Asset and Debt Management 2016 and 2017 a Computation and Interpretation per ratio
• Part IV. Market Values and DuPont Analysis 2016 and 2017 Computation and Interpretation per ratio
• Questions to Answer (25 points)
• How liquid is the company? Are the company's managers effectively generating profit from the firm's assets? How is the firm financed? Are the firm's managers providing a good return on the shareholder's return on assets or return on equity?
• Are the firm's managers creating or destroying values?

Recommendation & Conclusion (15 points)

List three recommendations for Apple Inc. to improve financial performance.

References and Appendix (5 points)

• References in APA format Financial Statements
• Formulas used

Format & Grammar (5 points)

Aminla Ina ASSETS: Current assets: LIABILITIES AND SHAREHOLDERS' EQUITY: Current liablities: Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 5,126,201 and 5,336,166 shares issued and outstanding, respectively Retained eamings Accumulated other comprehensive income/lloss) Total shareholders' equity Total liabilities and shareholders' equity Aminla Ina ASSETS: Current assets: LIABILITIES AND SHAREHOLDERS' EQUITY: Current liablities: Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 5,126,201 and 5,336,166 shares issued and outstanding, respectively Retained eamings Accumulated other comprehensive income/lloss) Total shareholders' equity Total liabilities and shareholders' equity