Friday, June 14, 2019
Financial analysis Essay Example | Topics and Well Written Essays - 2000 words - 3
Financial analysis - Essay ExampleIt serves government consumers, individual consumers, small and midsized businesses, and education enterprises. Apples financial yr ends on the last Saturday of September and has an approximate period of 52 or 53 weeks. In connection to this, the main aim of this paper is to take extinct Apple Inc. financial analysis.Financial Analysis refers to the assessment of the profitability, stability and viability of a business entity or project. It is based on information derived from the financial statements including the Balance Sheet, direction of Cash flow and the Income Statement, a single financial statement cannot give full information about the firm but together they give usable information (Gibson 2012, pg. 6).It is useful in benchmarking that majorly involves comparison of different companies performance comparison or comparing the companys performance over time. The information is alike used by management and investors in decision making and forecast future performance. We analyze data as revealed by Apple Inc.s yearly Reports and also carry out ratio analysis that helps us discover more information about the business (Michelle 2012, pg. 45).Apple operates in different geographical areas including the Americas, Japan, Europe, Asia Pacific and retail operations, it is hence involved in segment reporting and all the information from various sources is consolidated and used as the companys financial information from which the companys performance is analyzed (Brooks 2012, pg. 86).This paper aims to analyze the financial statements of Apple Inc from 2011 to 2013 to determine which year was more profitable, that is, time serial publication analysis. The results could also be useful in performing industrial analysis which involves comparing one companys performance to another in set to determine which one is doing better.Measure the ability of
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