Can you please help me in part2. I alredy have done part 1A. Part 2 is based on part 1A.

Part 1A

1)General information:

a)Where is the corporate headquarters, what city and state?

Cupertino, California, United States.

b)On what day of the year does its fiscal year end?

September 28^th

c)What types of products or services does it sell/serve?

Smartphones, personal computers, multi-purpose tablets, wearables, home and accessories, digital content stores and streaming services, cloud service, licenses the use of certain of its intellectual property, and provides other related services, other services.

d)When and where is the next annual stockholders' meeting?

At Steve Jobs Theater at Apple Park at 9:00 a.m. on February 26,2020 for the financial year ended September 28^th, 2019.

e)What is the company's website URL?

https://www.apple.com

f)What is the company's Ticker Tape name (NYSE or NASDAQ)?

AAPL

g)What is the SIC code for your industry?

SIC: 3571 [ELECTRONIC COMPUTERS]

i)Name four other companies in the same industry.

Aopen America Inc. Milpitas, CA, 95035 US.

Rce It Resource. Santa Clara, CA, 95054 US.

Digital Audio Corp. Durham, NC, 27703 US.

Mikros Systems Corp. Princeton, NJ, 08540 US.

h)What was the market value for one share of the company's common stock at the conclusion of trading on February 28, 2018?

Market value per share at February 28,2018 was $43.10.

2)Report of Independent External Auditor

a)Who is the corporation's independent auditor and in what city is it located?

Earnest and Young LLP, San Jose, California

b)What is the first year this firm audited the company?

2009

c)Does the auditor believe the financial statements were presented fairly?What statements in the auditor's report support your conclusion?

Auditor's believe that financial statements are fairly presented. " In our opinion, the financial statements present fairly, in all material respects, the financial position of Apple Inc. at September 28, 2019 and September 29, 2018, and the results of its operations and its cash flows for each of the three years in the perios ended September 28, 2019, in conformity with U.S. generally accepted accounting principles".

d)Does the auditor think the company's internal control system is adequate?What statements in the auditor's report support your conclusion?

Auditor's have given an unqualified opinion on adequacy of internal control.

" We also have auditrd, in accordance with the standards of the Public Company Accounting Oversight Board (united States) (the "PCAOB"), Apple inc.'s internal control over financial reporting as of September 28, 2019, based on criteria established in internal Control- Integrated Framework issued by the committee of sponsoring Organizations of the Treadways Commission (2013 framwork) and our report dates October 30, 2019 expressed an unqualified opinion thereon."

e)How does this report differ from one issued for a non-public company?

f)What is the Critical Audit Matter disclosed in the opinion?

"Europen Commission State Aid Matter Uncertain Tax Position

Description of the matter:

As discussed in Note 5 of the financial statements, the European Commission ("EC") has announced its decision that Ireland granted state aid to Apple Inc. by providing tax opinions in 1991 and 2007 concerning the tax allocation of profits of the Irish branches of two subsidiaries of Apple Inc. The decision ordered Ireland to calculate and recover additional taxes from Apple Inc. for the period from June 2003 through December 2014. The adjusted amount indicated by the EC to be recovered is up to 12.9 billion, plus interest. Auditing management's evaluation of the uncertain tax position stemming from the effects of the EC decision is complex and highly judgmental due to the inherent uncertainty in predicting the ultimate resolution of the matter."

3)Income Statement

a)Did its revenue (or sales) increase or decrease over the last year?

Revenue has decreased from $265,595. Million in 2018 to $260,174 million in 2019.

b)Describe the company's revenue recognition policy.

Revenue recognition:

The company followed" FASB standards and Revenue from Contracts with Customer ( Topic 606) ( "ASU 2014-09"), and additional ASUs issued to clarify the guidance in ASU 2014-09.

The company Classified the amortization of the deferred value of Maps, Siri and Free iCloud services, which are bundled in the sales price of iPhones, Mac, Ipad and certain other products, in Services net sales."

c)Did its cost of goods sold increase or decrease over the last year?

Cost of goods sold has increased from $163,756 million in 2018 to $161,782 million in 2019.

d)Did its net income increase or decrease over the last year? By how much?

Net income has decreased from $59,531 million in 2018 to $55,256 million in 2019, resulting in a decrease of $4275 million.

4)Balance Sheet

a)Did its total assets increase or decrease over the last year?

Total Assets has decreases from $365,725 million in 2018 to $338,516 million in 2019, resulting in a decrease of $27209 million.

5)Cash Flow Statement

a)Did the company have a cash inflow or outflow from operating activities?What two major item(s) reported in operating activities caused the major inflow and the major outflow?

The company generated $69,391 million in 2019 from operating activities. Some major sources are:

Sales

Non trade receivables

b)Was there total inflow or outflow of cash, what did this most relate to (Investing, Financing or Operating)?

Most of its was from operating activities being 469,391 million.

Source: https://www.sec.gov/Archives/edgar/data/320193/000032019319000119/a10-k20199282019.htm#sDBCC0D7FC5D05F49A572F9AA0627E992

Part 2

PREPARE common-sized financial statements for the same company from Part 1A for the most recent year and prior two (2) years [There will be three (3) years in total].Common-sized financial statements include both VERTICAL and HORIZONTAL analysis.In addition COMPLETE the ratio analysis (see template provided) for the same company for the same three (3) year period. The EXAMPLE provided is a sample of what a finished product should look like. It is up to you to make an EXCEL document that is CLEAR,WELL FORMATTED,EASY to read, and includesthe VERTICAL,HORIZONTAL,AND RATIO analysis (3 TABS MAX) for your company for the current year and two prior years.

NOTE: You MUST use LINKED calculations (Excel formulas) this will make your time spent on the project less and you will have more time to spend on part 2 where there more points.

Here are some preliminary resources in regards to ratio analysis for your review that will help get you started.

VIDEO LINK:http://www.investopedia.com/video/play/ratio-analysis/