Wednesday, May 1, 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 professiones, and command enterprises. apples pecuniary year 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 out 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 discipline derived from the financial descriptions including the Balance Sheet, Statement of Cash flow and the Income Statement, a single financial statement cannot give full information about the firm but together they give useful 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 overly used by management and investors in decision make and forecast future performance. We analyze data as revealed by Apple Inc.s annual 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 part 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 go over which year was more profitable, that is, time series analysis. The results could also be useful in performing industrial analysis which involves comparing one companys performance to another in order to specialize which one is doing better.Measure the ability of
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.