Help me doing this project. Please check the requirements carefully. Choose a company in USA for this project. Like Apple or Macy's whatever you like.

Write a two to four page paper, typed and double spaced. Suggested topics include: state sales tax on merchandise sold over the internet; research a company's financial statements and apply some analysis from chapter 17(Analysis of Financial Statements); develop a business plan of a company that includes financial projections; pricing strategies companies use to recover costs and make a profit. Many students have written how something from this course is related to their job. STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. State Sales Tax on Merchandize Sold Over the Internet-Apple Inc [Insert Name] [Institutional Affiliation] 1 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. INTRODUCTION Sales tax refers to the consumer tax which is imposed on the retail sales, leases and rentals of merchandize goods. State sales tax is applied by countries which have laws that enforce the taxation when merchandize is purchased from the outside line of consumption. This has recently been evident to goods sold over the internet where the retailers are required to pay such revenue. Apple Company is a good example of a firm that has been greatly impacted by such measures. Over view of Apple Inc. Apple Company is an American multinational company that was founded in 1977 and is leader firm dealing with consumer electronics, designing and manufacturing of mobile phones, tablets, personal computers, and other devices. The Company sells and delivers digital content and applications by use of the Internet Services to the consumers. The iPhone and the iPad innovated products are the two main products which account for nearly three-fourths of the company's revenue (Vogel, 2014). Analysis of financial state and financial projections of Apple Inc. Total Assets Total Liabilities Equity Financial analysis of apple Inc. company Year 2016 Year 2015 $321,686, 000 $290,345,000 $193,437,000 $170,990,000 $128,249,000 $119,335,000 2 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. Assets The total assets of apple Inc. company according to the table above shows that the company has additional assets more assets for the year 2016 compared to the year 2015. The company's return on total assets measure of the overall profitability of the assets given by net income divided by average total assets shows that the company has maximum profitability from its assets. The net income of Apple Inc. Company for the year 2016 was $45687000 Return on assets =net income/average total assets =$45687000/321,686, 000/2 =0.3 =Apple has an overall profitability of 0.3 from its assets. Liabilities Apple Inc. company liabilities rapidly rose as recorded in the year 2015 by $2247000 therefore the company has more liabilities in the year 2016 compared to the year 2015. Debt ratio =total liabilities/total liabilities = 193,437,000/321,686, 000 =0.6 = Apple has 0.6 creditor financing and leverage Equity 3 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. The equity of the company in the year 2016 is more than that of the year 2015 by $8914000 .equity is the measure of the company's measure of its own level of financing Equity ratio =total equity/total assets =128,249,000/321,686, 000 =0.4 =Apple Inc. has 0.4 ability to finance its activities. Pricing strategies companies use to recover costs and make profits. Pricing is the focus point used to maximize the sales and revenues of any given company alongside making higher margins. (Dewan and Bing 2000). Pricing strategies aid in achieving competitive advantage by increasing the brand image of a firm in the industry. Customers tend to purchase more units at lower costs. Among the strategies employed include: Cost plus pricing The prices are set by adding all the costs that have been incurred in producing the materials such as raw materials, overhead costs and labor costs by addition of little profits to create profit 4 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. margin. This will increase the demand and sales and likely to earn profits as well as increase sales. Marginal cost pricing The strategy involves setting the price to equal the total extra cost of producing one extra unit of output. Especially during low seasons to make little profits from little sales. Loss leader pricing The strategy involve selling the products or services below the cost of production. Customers purchase the low priced products alongside other products which covers the loss of selling low priced products covered by the profits on other things sold. 5 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. References Dewan, R., & Bing Jing, A. S. (2000). Adoption of Internet-based product customization and pricing strategies. Journal of Management Information Systems, 17(2), 9-28. Baye, M. R., & Beil, R. O. (2006). Managerial economics and business strategy (Vol. 5). New York, NY: McGraw-Hill. Alexander, C. (2001). Market models: A guide to financial data analysis. John Wiley & Sons. Vogel, H. L. (2014). Entertainment industry economics: A guide for financial analysis. Cambridge University Press. Annual reports of apple Inc. company the year 2015 and 2016. 6 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. State Sales Tax on Merchandize Sold Over the Internet-Apple Inc [Insert Name] [Institutional Affiliation] 1 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. INTRODUCTION Sales tax refers to the consumer tax which is imposed on the retail sales, leases and rentals of merchandize goods. State sales tax is applied by countries which have laws that enforce the taxation when merchandize is purchased from the outside line of consumption. This has recently been evident to goods sold over the internet where the retailers are required to pay such revenue. Apple Company is a good example of a firm that has been greatly impacted by such measures. Over view of Apple Inc. Apple Company is an American multinational company that was founded in 1977 and is leader firm dealing with consumer electronics, designing and manufacturing of mobile phones, tablets, personal computers, and other devices. The Company sells and delivers digital content and applications by use of the Internet Services to the consumers. The iPhone and the iPad innovated products are the two main products which account for nearly three-fourths of the company's revenue (Vogel, 2014). Analysis of financial state and financial projections of Apple Inc. Total Assets Total Liabilities Equity Financial analysis of apple Inc. company Year 2016 Year 2015 $321,686, 000 $290,345,000 $193,437,000 $170,990,000 $128,249,000 $119,335,000 2 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. Assets The total assets of apple Inc. company according to the table above shows that the company has additional assets more assets for the year 2016 compared to the year 2015. The company's return on total assets measure of the overall profitability of the assets given by net income divided by average total assets shows that the company has maximum profitability from its assets. The net income of Apple Inc. Company for the year 2016 was $45687000 Return on assets =net income/average total assets =$45687000/321,686, 000/2 =0.3 =Apple has an overall profitability of 0.3 from its assets. Liabilities Apple Inc. company liabilities rapidly rose as recorded in the year 2015 by $2247000 therefore the company has more liabilities in the year 2016 compared to the year 2015. Debt ratio =total liabilities/total liabilities = 193,437,000/321,686, 000 =0.6 = Apple has 0.6 creditor financing and leverage Equity 3 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. The equity of the company in the year 2016 is more than that of the year 2015 by $8914000 .equity is the measure of the company's measure of its own level of financing Equity ratio =total equity/total assets =128,249,000/321,686, 000 =0.4 =Apple Inc. has 0.4 ability to finance its activities. Pricing strategies companies use to recover costs and make profits. Pricing is the focus point used to maximize the sales and revenues of any given company alongside making higher margins. (Dewan and Bing 2000). Pricing strategies aid in achieving competitive advantage by increasing the brand image of a firm in the industry. Customers tend to purchase more units at lower costs. Among the strategies employed include: Cost plus pricing The prices are set by adding all the costs that have been incurred in producing the materials such as raw materials, overhead costs and labor costs by addition of little profits to create profit 4 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. margin. This will increase the demand and sales and likely to earn profits as well as increase sales. Marginal cost pricing The strategy involves setting the price to equal the total extra cost of producing one extra unit of output. Especially during low seasons to make little profits from little sales. Loss leader pricing The strategy involve selling the products or services below the cost of production. Customers purchase the low priced products alongside other products which covers the loss of selling low priced products covered by the profits on other things sold. 5 STATE SALES TAX ON MERCHANDIZE SOLD OVER THE INTERNET-APPLE INC. References Dewan, R., & Bing Jing, A. S. (2000). Adoption of Internet-based product customization and pricing strategies. Journal of Management Information Systems, 17(2), 9-28. Baye, M. R., & Beil, R. O. (2006). Managerial economics and business strategy (Vol. 5). New York, NY: McGraw-Hill. Alexander, C. (2001). Market models: A guide to financial data analysis. John Wiley & Sons. Vogel, H. L. (2014). Entertainment industry economics: A guide for financial analysis. Cambridge University Press. Annual reports of apple Inc. company the year 2015 and 2016. 6