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Your parents are considering investing in Apple Inc. common stock. They ask you, as an accounting expert, to make an analysis of the company for
Your parents are considering investing in Apple Inc. common stock. They ask you, as an accounting expert, to make an analysis of the company for them. Financial statements of Apple are presented in Appendix A. The complete annual report, including the notes to its financial statements, is available at the company's website, Click here to view Appendix A. Answer the following questions. (a1) Make a 5-year trend analysis, using 2014 as the base year, of (1) net sales and (2) net income. (To satisfy this requirement you must access information regarding performance in prior years. This information is provided in the complete annual report available on the company's website.) (Round percentages to 0 decimal places, eg. 15% and enter amounts in millions.) APPLE INC. Trend Analysis of Net Sales and Net Income For the Three Years Ended 2018 2018 2017 2016 (1) Net sales $ Trend % % %6 (2) Net income $ $ $ Trend % % 96 Your parents are considering investing in Apple Inc. common stock. They ask you, as an accounting expert, to make an analysis of the company for them. Financial statements of Apple are presented in Appendix A. The complete annual report, including the notes to its financial statements, is available at the company's website, Click here to view Appendix A. Answer the following questions. (a1) Make a 5-year trend analysis, using 2014 as the base year, of (1) net sales and (2) net income. (To satisfy this requirement you must access information regarding performance in prior years. This information is provided in the complete annual report available on the company's website.) (Round percentages to 0 decimal places, eg. 15% and enter amounts in millions.) APPLE INC. Trend Analysis of Net Sales and Net Income For the Three Years Ended 2018 2018 2017 2016 (1) Net sales $ Trend % % %6 (2) Net income $ $ $ Trend % % 96
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