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Case4.docx

You will now have the opportunity to apply some of the concepts reviewed in the prior modules to the financial statements to Apple Inc. The background material in Modules 2 and 3 cover the concepts relating to the balance sheet and income statement.

Case Assignment Required

· Briefly explain your interest in Apple Inc. and its business.

· Go to the company’s website and locate the most recent annual financial statement (10-K or Annual Report). Include a screenshot of the website and a link to the financial statement in your write-up.

· Download and save the financial statement. Submit the file as separate file as part of the assignment.

· Does the corporation have an operating income or loss?

· What is the amount of total assets on the balance sheet?

· What type of the information is found in Statement of shareholders’ equity?

· What type of the information is found in Statement of cash flows?

· How is the statement of cash flow different than the income statement?

· The report includes a lot of information in addition to the financial statements. Provide examples of two other kinds of content and makes a brief comment about each example.

Assignment Expectations

Respond to all questions showing your computations and/or using your own words. Do not use an essay format.

Show sources when appropriate and APA format is suggested, but not required.

· The objective for this assignment is to apply ratio analysis using financial statements of a U.S. public company.

https://www.youtube.com/watch?time_continue=51&v=O6clb2SEOTc

There are 2 separate assignments. This is the first one (Case 4). Please see instructions for the other one (SLP 4 – use IBIS document) on the SLP 4 word document. Thank you.