Using Apple’s financial statement information Download Apple’s financial statement information, write a one-page memo to the management team responding to the question below:

Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2019? Explain your answer.

Include a brief overview of the ratio – current assets as a percent of total assets and its purpose.

Be sure to use APA formatting and cite your sources. You will be completing the following tasks in this assignment:

Illustrate the use of a spreadsheet to prepare a statement of cash flows

Explain and apply methods of horizontal analysis

Describe and apply methods of vertical analysis

Define and apply ratio analysis.