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Please solve for efficiency and growth please. Some Potential Comparisons - Firm over time - Firm vs Competitors - Firm vs Industry Ave - Various
Please solve for efficiency and growth please.
Some Potential Comparisons - Firm over time - Firm vs Competitors - Firm vs Industry Ave - Various product lines within the firm 72045415 Exhibit 1a Apple Inc., Selected Financial Information, FY2001-FY2019 (in millions of dollars, except for number of employees and stock-related data) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline & 2001 & 2003 & 2005 & 2007 & 2009 & 2011 & 2013 & 2015 & 2017 & 2018 & 2019 \\ \hline Net sales & 5,363 & 6,207 & 13,931 & 24,578 & 42,905 & 108,249 & 170,910 & 233,715 & 229,234 & 265,595 & 260,174 \\ \hline Cost of sales & 4,128 & 4,499 & 9,889 & 16,426 & 25,683 & 64,431 & 106,606 & 140,089 & 141,048 & 163,756 & 161,782 \\ \hline Research and development & 430 & 471 & 535 & 782 & 1,333 & 2,429 & 4,475 & 8,067 & 11,581 & 14,236 & 16,217 \\ \hline Selling, general, and administrative & 1,138 & 1,212 & 1,864 & 2,963 & 4,149 & 7,599 & 10,830 & 14,329 & 15,261 & 16,705 & 18,245 \\ \hline Operating income (loss) & -333 & 25 & 1,643 & 4,407 & 11,740 & 33,790 & 48,999 & 71,230 & 61,344 & 70,898 & 63,930 \\ \hline Net income (loss) & -25 & 69 & 1,328 & 3,495 & 8,235 & 25,922 & 37,037 & 53,394 & 48,351 & 59,531 & 55,256 \\ \hline Totalcash,cashequivalents,andmarketablesecurities & 4,336 & 4,566 & 8,261 & 15,386 & 23,464 & 25,952 & 40,590 & 41,995 & 74,181 & 66,301 & 100,557 \\ \hline Accounts receivable, net & 466 & 766 & 895 & 1,637 & 3,361 & 5,369 & 13,102 & 16,849 & 17,874 & 23,186 & 22,926 \\ \hline Inventories & 11 & 56 & 165 & 346 & 455 & 776 & 1,764 & 2,349 & 4,855 & 3,956 & 4,106 \\ \hline Net property, plant, and equipment & 564 & 669 & 817 & 1,832 & 2,954 & 7,777 & 16,597 & 22,471 & 33,783 & 41,304 & 37,378 \\ \hline Total assets & 6,021 & 6,815 & 11,516 & 25,347 & 47,501 & 116,371 & 207,000 & 290,345 & 375,319 & 365,725 & 338,516 \\ \hline Total liabilities & 2,101 & 2,592 & 4,088 & 10,815 & 15,861 & 39,756 & 83,451 & 170,990 & 241,272 & 258,578 & 248,028 \\ \hline Total shareholders' equity & 3,920 & 4,223 & 7,428 & 14,532 & 31,640 & 76,615 & 123,549 & 119,355 & 134,047 & 107,147 & 90,488 \\ \hline Cash dividends paid & - & - & - & - & - & - & 10,564 & 11,561 & 12,769 & 59,531 & 14,119 \\ \hline Number of employees & 11,434 & 13,566 & 16,820 & 23,700 & 36,800 & 63,100 & 84,400 & 110,000 & 123,000 & 132,000 & 137,000 \\ \hline International sales/sales & 45% & 42% & 40% & 40% & 46% & 61% & 61% & 65% & 63% & 63% & 60% \\ \hline Gross margin & 23% & 27% & 29% & 33% & 40% & 40% & 37% & 40% & 39% & 38% & 38% \\ \hline R\&D/sales & 8% & 8% & 4% & 3% & 3% & 2% & 3% & 3% & 5% & 5% & 6% \\ \hline SG\&A/sales & 21% & 20% & 13% & 12% & 10% & 7% & 6% & 6% & 7% & 6% & 7% \\ \hline Return on sales & 6% & 0% & 12% & 18% & 27% & 31% & 29% & 30% & 27% & 27% & 25% \\ \hline Return on assets & 0% & 1% & 12% & 14% & 17% & 22% & 18% & 18% & 13% & 12% & 16% \\ \hline Return on equity & 0.64% & 1.63% & 17.88% & 24.05% & 26.03% & 33.83% & 29.98% & 44.74% & 36.07% & 55.56% & 61.06% \\ \hline Stock price lowa & 1.04 & 0.94 & 2.71 & 9.81 & 11.71 & 40.41 & 57.09 & 97.72 & 107.68 & 150.24 & 145.72 \\ \hline Stock price high & 1.94 & 1.67 & 7.69 & 22.14 & 26.99 & 60.41 & 96.68 & 134.54 & 195.96 & 233.47 & 233.47 \\ \hline P/E ratio at period-end & NM & 30.94 & 24.28 & 28.3 & 18.86 & 10.14 & 7.29 & 8.33 & 11.79 & 14.44 & 13.4 \\ \hline Market value at period-end & 3,367 & 2,982 & 52,081 & 128,465 & 154,303 & 346,369 & 448,639 & 687,450 & 927,168 & 956,625 & 1,112,797 \\ \hline \end{tabular} Questions: Think about what questions you want answered and what ratios would help you answer them. Don't calculate numbers for the sake of number crunching. The calculations shoulc inform your decision-making. Visuals: Line, column, and pie charts preferred over tables w numbers. Think about which presentation style will best communicate your story. Tell the story: Explain (in the report or presentation) a) the qualitative story behind the numbers, and b) the implications for decision-makersStep by Step Solution
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