APPLE company

 

 

 

 

 

 

Using the APPLE company and annual reports:

Prepare common-size balance sheets, income statements, and statements of cash flows for your chosen company for the latest 2 years. Identify one company that competes with your chosen company, obtain their financial statements for the most recent two years, and prepare common-size balance sheets, income statements, and statements of cash flows for the APPLE company for the latest 2 years.

Explain why common-sized financial statements are a convenient way to compare financial statement items within the same period, between periods, and between competing companies.
Perform a vertical analysis of at least one item on the common-size balance sheet, income statement, and statement of cash flows you prepared for the most recent year. Compare each item to the same item on the common-size financial statements for the previous period and to the same item on the common-size financial statements you prepared for the competing company.
Discuss what this comparison tells you about your chosen company’s current financial condition, how it compares to the previous year, and how it compares with the financial condition of your chosen company’s competitor.

Apple Company

use Apple Company and examine the industry in which the entity operates.Use any or all of the following resources to conduct research on the corporation:

The corporation’s website.
Public filings from the Securities and Exchange Commission’s Filings & Forms page.
Strayer University’s online databases.
The Nexis Uni database.
Other credible sources. (The corporation’s annual report will often provide insights that other resources may not include.)
(Note: It is expected that you will also use your course textbook to complete the assignment.)

Instructions:
Refer to the following documents for this assignment:

Assignment Formatting and Tips [PDF]
The attached template is REQUIRED for this assignment. (Refer back to it if needed as guidance for later assignments).
Please review the attached “How to Earn Full Credit on Assignment 2” video.
Refer back to the Week 1 assignment template as a sample if needed. Write a 4-6 page academic research paper in which you include the following:* Note: The title page and source list are in addition to the 4-6 page requirement

Choose the two segments of the general environment that would rank highest in their influence on the corporation you chose:
Assess how the two high-ranking segments in the general environment influence the corporation and the industry in which it operates.
Considering the Five Forces of Competition, choose the two you estimate to be the most significant for the corporation you chose:
Evaluate how well the corporation addressed two of the Five Forces of Competition in the last five years.
With the same two forces in mind, predict how the corporation could improve its ability to address these forces in the next 5-10 years. Support your response with relevant, specific evidence.
Consider the external threats affecting this corporation and the opportunities available to the corporation:
Assess how the corporation should deal with its most serious external threat and its greatest opportunity. Support your position with two pieces of specific evidence.
Consider the selected corporation’s greatest strengths and most significant weaknesses:
Determine the strategy or tactic, as explained in the textbook, the corporation should use to maximize its strengths and the strategy or tactic the corporation should use to minimize its greatest weakness. Support your choices with specific evidence.
Assess the corporation’s resources, capabilities, and core competencies.

 

APPLE Company

 

You may consider using the same company and annual reports that you chose in your Week 1 – Discussion Forum, This choice will only work if the company generates the bulk of its revenue from the sale of goods and maintains inventory. If not, then you will need to select another company for this analysis. APPLE is the company

Address the following:

Calculate the inventory turnover ratio and number of days’ sales in inventory for the company for the latest two years. Obtain the industry averages for these ratios and any other pertinent information from the Mergent Online database, or another outside resource of your choice, and analyze the results.

Discuss what each of these ratios tells you about the company’s efficiency in managing its inventory, and how they compare to the industry average.
Identify the major causes of any changes in these ratios, and discuss your assessment of the company based on these changes.
If you are an investor, explain whether or not you are satisfied with the company’s inventory management.