finance homework 2

Select one (1) U.S. publicly traded company and review its most recent Annual Report. (You may use one (1) of the three (3) companies you selected for your Stock Journal assignment.)  APPLE was chosen.

• Use the Income Statement and Balance Sheet to determine the changes in:
  • assets, liabilities, and equity
  • total revenue and net income
• Briefly describe the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor / stockholder’s view.