Refer Apple Inc. and perform a trend analysis for the most recent 4 years (the financial statements needed for this assignment may be available at https://finance.yahoo.com/). Analyse the trends for 3 line items which are believe the most important in evaluating a company for the balance sheet and for the income statement (3 each).

answer must include reply of the following questions:

What do you observe in the linear trends (i.e., are values increasing or decreasing)?

What are the trends on a common-size basis?

What would be your next steps in completing a thorough analysis of the trends?