Financial statement is a formal record of the financial activities of a business entity, where relevant financial information is presented in a structured manner and in a form easy to understand. They statements include Balance sheet, Income statement, statement of cash flow and statement of shareholders Equity. For large corporations, these statements may be complex and may include an extensive set of notes. The notes typically describe each item on the balance sheet, income statement and cash flow statement in further detail. In short financial statements are considered an integral part of the business organization. Therefore as a student of financial statement analysis, you are required to be very critic of the subject by analyzing through various methods of analysis. You are required: Select a company of your choice and analyze its financial Statement through comparative analysis, Indexed, common size balance sheet analysis and ratio analysis for a period of 5 years. You will probably be able to find all of the financial statement information you need at the company’s website. If you have trouble finding the information you can pick up from the latest financial textbooks. The financial statement analysis of the chosen company should include the following sections. Introduction and a brief summary of your selected company’s profile. Apply the various financial statement analysis methods available for business organization to assess their financial performance for future decision- making.

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Introduction This paper will analyze the financial statements of Apple Inc a leading technology company that designs manufactures and sells electronic ... View the full answer