You will be required to analyze the financial statements of a

publicly traded company $($apple $)$ and provide a comprehensive evaluation of its financial performance. INSTRUCTIONS:

I. COMPANY SELECTION:

Choose a publicly traded company of your choice. Ensure that the company has readily

available financial statements $($at least three years of financial data$).$ You may use sources like

the company's official website, financial news, or financial databases $($e$.$g$.,$ Yahoo Finance,

Bloomberg, kap.gov.tr$,$ etc.$).$

II$.$ MACROECONOMIC AND INDUSTRY ANALYSIS

Your report should include the following:

$1.$ A brief introduction to the country's economy and key indicators that affect the

companies$$ performance, such as changes in interest rates, inflation, political events,

or other economic factors. $(20$ pts$).$

$2.$ A brief analysis of the related industry that the company operates in$.(15$ pts$).$

III. RATIO ANALYSIS:

Collect the income statements and the balance sheets for the past three fiscal years.

Calculate and analyze the following financial ratios for those $3$ years: $(30$ pts$)$

$1.$ Liquidity Ratios

$$ Current Ratio

$$ Acid$-$test Ratio

$$ Cash Ratio

$2.$ Solvency Ratios

$$ Debt to Equity Ratio,

$$ Debt to Total Assets Ratio,

$$ Interest Coverage Ratio

$3.$ Profitability Ratios

$$ Net Profit Margin,

$$ EBITDA Margin,

$$ Return on Equity,

$$ Return on Assets

$4.$ Efficiency Ratios

$$ Inventory Turnover and Inventory holding period,

$$ Receivables Turnover and Average collection period,

$$ Account payable turnover ratio and Payable deferral period and,

$$ Cash Conversion Cycle.

IV$.$ INTERPRETATION

Interpret the results and analyze the company's performance over the years

considered. $(25$ pts$).$

V$.$ WRITTEN REPORT:

Prepare a written report summarizing your findings. $(10$ pts$).$

Your report should include all the information that you gather and the source where you

gathered the information. Excel sheets$/$tables are fine to illustrate the information but should

be accompanied by written work summarizing your findings for each part and conclusions.

Remember to provide your results in a professional well written report. Clearly label each part of

the report