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The company is Apple Introduction (5 points) Introduce the company and its business Content (30 points) Record/calculate the following items from the financial statements of
The company is Apple
Introduction (5 points) Introduce the company and its business Content (30 points) Record/calculate the following items from the financial statements of the latest two years. Total assets, liabilities, stockholders' equity; Sales revenue, gross profit, operating profit, net income; Current assets, current liabilities, current ratio; Accounts receivable, accounts receivable turnover, days in accounts receivable; Inventory, method of accounting for inventory (FIFO, LIFO or weighted average), inventory turnover, days sales in inventory; Fixed assets, method of depreciation (straight-line, units of production, double-declining). From the internet, record: Month-end stock price for the last twelve months. Conclusion (5 points) Conclude with your overall impression of the company
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