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What is the value of the company inventory at year-end

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Reference no: EM132484567

Use the Annual report of Apple Inc, answer the following questions:

Question 1: What is the value of the company's inventory at year-end?

Question 2: What was the amount of cost of goods sold for the year?

Question 3: What income statement format does the company use? Explain.

Question 4: Compute the company's gross profit percentage for the year-end.

Question 5: Did the gross profit percentage improve, worsen, or hold steady?

Question 6: How does the company's gross profit percentage compare to the industry?

Question 7: What are the company's inventory turnover and days sales in inventory for the year end?

Question 8: Is there anything interesting to note about these ratios?

Reference no: EM132484567

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