Explain the difference between financial reporting and financial statements. Review Apples Consolidated Balance Sheet for 2015 and 2016. (The can be found at: http://investor.apple.com/) Calculate Apples current ratio for the most recent two years. Pick any other ratio discussed in the chapters and calculate and explain that. What do the ratios tell you about Apple? Explain the three factors that would influence your evaluation as to whether Apples current ratio for 2015 and 2016 is good or bad.