Question: In Week 6, you learned about the financial statement analysis. For this case study assignment, you will perform a financial statement analysis on the publicly
In Week 6, you learned about the financial statement analysis. For this case study assignment, you will perform a financial statement analysis on the publicly traded company Apple. I would like you to go to the 10K (Apple inc) you found in Week 1 and locate the financial statements namely the income statement and balance sheet. All publicly traded corporations are required to disclose this information in their 10K. Then, based on what you learned in Week 6 (Chapter 13), choose five of the following ratios and compute them for the latest fiscal year: Total margin Operating margin Return on assets Return on equity Current ratio Days-cash on hand Total debt to total asset (debt ratio) Debt to equity Times interest earned Fixed asset turnover Total asset turnover These ratios will touch on areas such as profitability, financial leverage, liquidity, and asset utilization ratios, as demonstrated in the chapter. Summarize your findings in a write-up. Be sure to state whether each ratio is good or bad based on a comparison with the industry average (or a major competitor). Be sure to show your calculations in the write-up. Note: Please include a cover page and a reference page for all case studies.
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