Horizontal financial analysis, Finance Basics

Assignment Help:

For this assignment you are acting as a financial analyst for Apple Inc. Apple Inc. Is one of the most innovative companies worldwide. For example, in November 2012 Apple sold 3 million ipads in 3 days after the launch of the new ipad mini and the 4th generation ipad. You have been provided with a three-year financial history of Apple Inc. (note that this information is an excerpt from their Consolidated Financial Statements;

This is an individual assignment and each student must hand in their own copy. You will be graded on your analytical skills and the content of your analysis.

Required:

1) Perform horizontal financial analysis; Using at least 5 financial ratios, including both Balance Sheet and Income Statement ratios, discuss the financial performance of Apple Inc. from 2009, 2010, and 2011. Choose the ratios that you think are the most useful for analyzing Apple Inc., making sure to address profitability, solvency, and liquidity. You must interpret the ratios within your discussion.

2) Conclude on whether you would invest today in Apple Inc. and provide rationale as to why or why not. Discuss at least 3 points which support your conclusion, and 1 of these points must relate to a competitor's financial performance (ie: Samsung, RIM, etc...). These points can be either quantitative or qualitative but must be supported by evidence, so make sure to provide cop.

 


Related Discussions:- Horizontal financial analysis

Working capital, Working Capital a) Working capital or called gross wo...

Working Capital a) Working capital or called gross working capital also, refers as current assets. b) Net working capital refers to current assets minus current liabilities

investors are risk neutral, At t = 0, a 3-year, 7% coupon corporate bond w...

At t = 0, a 3-year, 7% coupon corporate bond with face value $1,000 is trading at a credit spread of 15%. The risk free rate is constant and equal to 4% for all maturities. The rec

I need help with tests, I need help with : an introduction to financial ma...

I need help with : an introduction to financial markets and institutions , 2 edition , brown, nesiba, burton

Financial position, what is the financial position of the company in term...

what is the financial position of the company in term of leverage, liquidity and fluidity? Were the position better in 2013 compared to 2012 ? Possible ratios : - Levera

Credit standards, Credit Standards A firm may follow a stringent or a ...

Credit Standards A firm may follow a stringent or a lenient credit policy. The firm subsequent of a lenient credit policy tends to sell on credit to customers on extremely lib

Determine the weighted average cost of capital, 1. The current interest rat...

1. The current interest rate is 6.83%. CanGo.com's stock has a beta of 2.0. Estimate the cost of equity. 2. CanGo.com has a bond with a semiannual coupon rate of 9% and 5 year m

Factors affecting share prices, Factors Affecting Share Prices The ent...

Factors Affecting Share Prices The entire sorts of influences affect share prices. These influences involves as: 1. The current profit record of the company particularly th

Liquidity preference theory, Liquidity Preference Theory This theory s...

Liquidity Preference Theory This theory states that short term bonds are extremely favorable than long term bonds for two (2) purposes. 1. Investors usually prefer short te

Investment analysis, Investment Analysis Any type of company will inve...

Investment Analysis Any type of company will invest finance for the sake of deriving a return that is useful for four main purposes as: 1. To reward the owners or shareholder

Describe the role of insurance companies, Describe the role of insurance co...

Describe the role of insurance companies. Role of Insurance Companies: The main objective of insurance companies is to prevent individuals and firms (termed as policy-hol

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd