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With the help of accounting ratios, Critically analyse the Profitability performance of the Apple company.

With the help of accounting ratios, Critically analyse the Profitability performance of the Apple company.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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With the help of accounting ratios, Critically analyse the Profitability performance of the Apple company.

F Net sales: Products Services Total net sales Cost of sales: Products Services Total cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income September 24, 2022 $ 316,199 78,129 394,328 201,471 22,075 223,546 170,782 26,251 25,094 51,345 119,437 (334) 119,103 19,300 $ 99,803 September 25, 2021 $ 297,392 68,425 365,817 192,266 20,715 212,981 152,836 21,914 21,973 43,887 108,949 258 Years ended 109,207 14,527 $ 94,680 September 26, 2020 $ 220,747 53,768 274,515 $ 151,286 18,273 169,559 104,956 18,752 19,916 38,668 66,288 803 67,091 9,680 57,411
Transcribed Image Text:F Net sales: Products Services Total net sales Cost of sales: Products Services Total cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income September 24, 2022 $ 316,199 78,129 394,328 201,471 22,075 223,546 170,782 26,251 25,094 51,345 119,437 (334) 119,103 19,300 $ 99,803 September 25, 2021 $ 297,392 68,425 365,817 192,266 20,715 212,981 152,836 21,914 21,973 43,887 108,949 258 Years ended 109,207 14,527 $ 94,680 September 26, 2020 $ 220,747 53,768 274,515 $ 151,286 18,273 169,559 104,956 18,752 19,916 38,668 66,288 803 67,091 9,680 57,411
Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non-current liabilities: Term debt Other non-current liabilities Total non-current liabilities Total liabilities Commitments and contingencies September 24, 2022 ASSETS: Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares Retained earnings/Accumulated deficit) Accumulated other comprehensive income/(loss) LIABILITIES AND SHAREHOLDERS' EQUITY: authorized; 15,943,425 and 16,426,786 shares issued and outstanding, respectively Total shareholders' equity Total liabilities and shareholders' equity $ 23,646 24,658 28,184 4,946 32,748 21,223 135,405 120,805 42,117 54,428 217,350 $ 352,755 $ 64,115 80,845 7,912 9,982 11,128 153,982 98,950 49,142 148,101 302,083 september 25, 2021 64,849 (3,068) (11,109) 50,672 $ 352,755 5 $ $ $ 34,940 27,699 28,278 6,580 25,228 14,111 134,838 127,877 39,440 48,840 218,168 351,002 54,763 47,493 7,612 6,000 9,613 125,481 109,106 53,325 182,431 287,912 57,385 5,562 163 63,090 351,002
Transcribed Image Text:Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non-current liabilities: Term debt Other non-current liabilities Total non-current liabilities Total liabilities Commitments and contingencies September 24, 2022 ASSETS: Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares Retained earnings/Accumulated deficit) Accumulated other comprehensive income/(loss) LIABILITIES AND SHAREHOLDERS' EQUITY: authorized; 15,943,425 and 16,426,786 shares issued and outstanding, respectively Total shareholders' equity Total liabilities and shareholders' equity $ 23,646 24,658 28,184 4,946 32,748 21,223 135,405 120,805 42,117 54,428 217,350 $ 352,755 $ 64,115 80,845 7,912 9,982 11,128 153,982 98,950 49,142 148,101 302,083 september 25, 2021 64,849 (3,068) (11,109) 50,672 $ 352,755 5 $ $ $ 34,940 27,699 28,278 6,580 25,228 14,111 134,838 127,877 39,440 48,840 218,168 351,002 54,763 47,493 7,612 6,000 9,613 125,481 109,106 53,325 182,431 287,912 57,385 5,562 163 63,090 351,002
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