ents/8385861 For Amazon and Apple annual financial statements for 2020. please complete and SHOW the following: (Use finance.yahoo.com) to view the Financial statements. a. Perform a Horizontal and Vertical Analysis on the Income Statement of each company, for the years 2020 and 2019. (For example, to complete a Horizontal Analysis for 2019, data from 2018 will be required) (50 points b. Compare the Horizontal and Vertical Analysis (part a) for both companies and answer the following questions. (3 point each - 15 points 1. Which company had the higher increase in total revenue from 2019 to 2020? 2. Which company had the higher increase in net income from 2019 to 2020? 3. For every dollar of revenue. Amazon has a profit of 2 For every dollar of revenue. Apple has a profit of 4. Cost of Revenue (COGS) is what percentage of total revenue for the year 2020 for Apple? And for Amazon? c. Ratios. The following Ratios MUST BE CALCULATED and PRESENTED for Amazon and Apple for the year 2020 and 2019. Current Ratio. Inventory Turnover. Gross Profit Percentage. AR Turnover, and Debt to equity Ratio (3 points each = 15 points). d. Based on the ratios calculated Part C, please answer the following questions. (3 point each = 15 points) i. Based on the Ratios for each company, which company had the higher Gross Profit Percentage in 2019 and 2020? ii. How many days does it take for Apple and Amazon to sell through their inventory in 2020? Which company had the riskier debt-to-equity ratio in 2019 and 2020? (Please refer to Financial Statement Analysis Notes) iv. Which company has the "best" current ratio in 2019 and 2020? (Please refer to Financial Statement Analysis Notes) Which company is collecting their accounts receivable (net receivables) faster in 20202 111 V. ents/8385861 For Amazon and Apple annual financial statements for 2020. please complete and SHOW the following: (Use finance.yahoo.com) to view the Financial statements. a. Perform a Horizontal and Vertical Analysis on the Income Statement of each company, for the years 2020 and 2019. (For example, to complete a Horizontal Analysis for 2019, data from 2018 will be required) (50 points b. Compare the Horizontal and Vertical Analysis (part a) for both companies and answer the following questions. (3 point each - 15 points 1. Which company had the higher increase in total revenue from 2019 to 2020? 2. Which company had the higher increase in net income from 2019 to 2020? 3. For every dollar of revenue. Amazon has a profit of 2 For every dollar of revenue. Apple has a profit of 4. Cost of Revenue (COGS) is what percentage of total revenue for the year 2020 for Apple? And for Amazon? c. Ratios. The following Ratios MUST BE CALCULATED and PRESENTED for Amazon and Apple for the year 2020 and 2019. Current Ratio. Inventory Turnover. Gross Profit Percentage. AR Turnover, and Debt to equity Ratio (3 points each = 15 points). d. Based on the ratios calculated Part C, please answer the following questions. (3 point each = 15 points) i. Based on the Ratios for each company, which company had the higher Gross Profit Percentage in 2019 and 2020? ii. How many days does it take for Apple and Amazon to sell through their inventory in 2020? Which company had the riskier debt-to-equity ratio in 2019 and 2020? (Please refer to Financial Statement Analysis Notes) iv. Which company has the "best" current ratio in 2019 and 2020? (Please refer to Financial Statement Analysis Notes) Which company is collecting their accounts receivable (net receivables) faster in 20202 111 V
