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ACC 290 WEEK 6 ASSIGNMENT FINANCIAL REPORTING APPLE INC.

Posted by:Prof. Lexx Posted on:Jul 20,2016

ACC 290 Week 6 Assignment Financial Reporting Apple Inc.

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Week 6 Assignment –

Financial Reporting Problem, Part 1

Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company.  (Go to the company’s website and the Annual Report is often listed under the “Investor Relations” tab or something similar.  You’ll have to look through the report for the financial statements – they are usually just a few pages of a many-page report.)

 

Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:

 

  • What are the company’s total assets at the end of its most recent annual reporting period? Why is this important?

 

  • What are the total assets at the end of the previous annual reporting period?

 

  • How much cash and cash equivalents did the company have at the end of its most recent annual reporting period?

 

  • What amount of accounts payable did the company have at the end of its most recent annual reporting period?

 

  • What amount of accounts payable did the company have at the end of the previous annual reporting period?

 

  • What are the company’s net revenues for the last three annual reporting periods?

 

  • What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period?

 

  • What are the company’s total current assets at the end of its most recent annual reporting period?

 

  • What are the total current assets at the end of the previous annual reporting period?

 

  • What in the information above would be important to a potential investor, employee, and other interested parties?

 

Summarize the analysis in a 700- to 1,050-word paper in a Microsoft® Word document.

 

 

Include in your paper a copy of the company’s balance sheet and income statement (does not apply toward the word-count requirement).

 

Format your paper (just one file) consistent with APA guidelines

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Prof. Lexx

Overview I have a Bachelor of Arts, majoring in English and minoring in History. I have worked in various fields ranging from academic research to freelance translating to editing to customer support and data entry. These include editing my old university's newspaper as well as co-leading their creative writing team; serving as a junior member in the history department's research network; publishing music and film reviews for several different magazines and webzines; and translating papers and books for numerous researchers in various languages, including Russian, Spanish, and Romanian. I am also a skilled typist, with a rate of at least 70 words per minute, and have myself digitized dozens of books and essays for both private and commercial use. I have a very strong work ethic, and make sure to prioritize the task I am given so that it is completed as quickly as possible. I am organized and disciplined, ensuring a job done professionally and efficiently.

    I have a background of 8 years in writing profession and currently pursuing also as an editor and proofreader. I have a knack for writing and thus, it was obvious to enhance my skills and serve others. Currently joined ‘Member of Association of Professional Writers and Editors’ a

    Pro Alex
    USA