Please write a few sentences for each question. Apple is the company and here is the link for their financial statement. http://finance.yahoo.com/q/ks?s=AAPL+Key+Statistics

1. Analyze the companys balance sheet, identifying two items on the balance sheet that most likely represent unexpired (prepaid) costs.

2. Identify two items that most likely represent accruals of unrecorded expenses.

3. Describe the companys growth in the past year and explain how you determined this.

4. Based on the companys income statement, did the companys sales (revenues) grow during the past year? If so, by how much?

5. Did its income increase or decrease? If so, by how much?

6. Do the sales and income changes bode well or poorly for the companys future?