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Concept Introduction:
Financial Statement analysis is done using the components of financial statement. These components are
To Indicate:
The process to obtain the annual report of the a company from its website.
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Answer to Problem 1.1E
The process to obtain the annual report of the Apple Inc. from its website is as follows:
Step-1: Enter the website address
Step-2: Go to the investors Section under the About Apple heading
Step-3: Click on the financial information tab
Step-4: Click on the year for which annual report is needed
Step-5: Download the PDF file and save it
Explanation of Solution
Let's say we need to download the annual report of Apple Inc. for the year 2017. The process to obtain the annual report of the Apple Inc. from its website is as follows:
Step-1: Enter the website address https://www.apple.com/
Step-2: Go to the investors Section under the About Apple heading https://investor.apple.com/investor-relations/default.aspx
Step-3: Click on the financial information tab https://investor.apple.com/investor-relations/financial-information/default.aspx
Step-4: Click on the year for which annual report is needed https://s22.q4cdn.com/396847794/files/doc_financials/annual_reports/_10-K_2017_As-Filed_.pdf
Step-5: Download the PDF file and save it
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Chapter 1 Solutions
Principles of Financial Accounting (Elon University)
- Give this question financial accountingarrow_forward1.3 1.2.5 za When using a computerised accounting system, the paper work will be reduced in the organisation. Calculate the omitting figures: Enter only the answer next to the question number (1.3.1-1.3.5) in the NOTE. Round off to TWO decimals. VAT report of Comfy shoes as at 30 April 2021 OUTPUT TAX INPUT TAX NETT TAX Tax Gross Tax(15%) Gross (15%) Standard 75 614,04 1.3.1 Capital 1.3.2 9 893,36 94 924,94 Tax (15%) 1.3.3 Gross 484 782,70 75 849,08 -9 893,36 -75 849,08 Bad Debts TOTAL 1.3.4 4 400,00 1 922,27 14 737,42 -1 348,36 1.3.5 (5 x 2) (10arrow_forwardNonearrow_forward
- What was her capital gains yield? General accountingarrow_forwardL.L. Bean operates two factories that produce its popular Bean boots (also known as "duck boots") in its home state of Maine. Since L.L. Bean prides itself on manufacturing its boots in Maine and not outsourcing, backorders for its boots can be high. In 2014, L.L. Bean sold about 450,000 pairs of the boots. At one point during 2014, it had a backorder level of about 100,000 pairs of boots. L.L. Bean can manufacture about 2,200 pairs of its duck boots each day with its factories running 24/7. In 2015, L.L. Bean expects to sell more than 500,000 pairs of its duck boots. As of late November 2015, the backorder quantity for Bean Boots was estimated to be about 50,000 pairs. Question:arrow_forwardWhat was her capital gains yield?arrow_forward
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