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https://www.sec.gov/Archives/edgar/data/320193/000032019318000145/a10-k20189292018.htm. - this is the most recent 10K from a Apple Inc. Must answered all these questions based on Apple Inc. What is the fiscal
https://www.sec.gov/Archives/edgar/data/320193/000032019318000145/a10-k20189292018.htm. - this is the most recent 10K from a Apple Inc.
Must answered all these questions based on Apple Inc.
- What is the fiscal year for which this report was filed? You need to include the month and the year. Does this company's fiscal year-end coincide with a calendar year-end?
- Which agency requires the filing of this report? You need to also discuss the role of this agency.
- What products and/or services does this company sell? Please be detailed.
- What major industry does this company operate in? Please also state some competitors.
- What are two risks identified by management? Please describe these risks.
- Who are the firm's independent auditors? What is the role of these auditors?
- What opinion does the independent auditors express regarding the financial statements?
- Provide two examples of where historical cost is used within the financial statements. State both the account name and the amount for each account you select.
- What was the amount of revenue that the company reported for the most recent year? Did the revenue grow over the prior year? Discuss both the dollar and the percentage increase or decrease.
- What was the amount of net income or net loss that the company reported for the most recent year? Did the net income increase or decrease versus the prior year? Discuss both the dollar and the percentage increase or decrease.
- What was the amount of cash (and cash equivalents) that the company reported for the most recent year? Please state the amounts for each item you included in this number.
- How much working capital does the company have for the most recent year? Please discuss the components of working capital. Be sure to show your calculations for full credit.
- What is the amount of the total assets that the company reported for the most recent year? Please list the assets you included.
- What is the amount of the total liabilities that the company reported for the most recent year? Please list the liabilities you included.
- What was the free cash flow for the most recent year? Show the formula you used and your calculations for full credit. Please explain the importance of free cash flow.
- Provide an example of an account that requires present value calculations. State both the account name and the amount for the account you select.
- What is the interest rate on the company's long-term debt? You may need to calculate a weighted average to derive this answer.
- What inventory method does the company employ? Please explain how this method works.
- Calculate the inventory turnover for the most recent year. Please explain what inventory turnover tells an investor.
- What depreciation method does the company employ? Please explain how this depreciation method works.
- What is the useful lives for the various types of property, plant, and equipment owned by the company? Please list the asset
- Does the company have any impaired assets? Please explain.
- Calculate return on assets for the most recent year. Please explain what return on assets tells an investor.
- Calculate asset turnover for the most recent year. Please explain what asset turnover tells an investor.
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