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Apple Sec 10k

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Apple 10-K Report Gina Gazdik Accounting 221 Introduction Apple is a company that designs and manufactures computer hardware, software, and other consumer electronics. Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple and incorporated it in 1977, in California. Apple has grown into a multibillion-dollar business and has become a Fortune 500 companies. I chose Apple because I own many other Apple products. Apple started with just the Macintosh computer. Now, they have created other popular items like the Ipad, Iphone, Ipod, Iwatch, and Macbook computers. “The Company’s business strategy leverages its unique ability to design and develop its own operating systems, hardware, application software and services to provide …show more content…

The last section is the financing activities section. The financing activities section includes obtaining cash from issuing debt and repaying the amounts borrowed and also obtaining cash from stockholders, repurchasing shares, and paying dividends. Financial Ratios There are many financial ratios that help show how a business is doing. These ratios help compare different companies on a level basis. One of these is the cash flow margin ratio. This is found by taking the net cash that is provided by the operating activities divided by the net sales. This shows how fast the company can turn the sales revenue into cash. The higher the percentage, the better it is. Apple has a cash flow margin ratio of 32.77 percent. Another important ratio is the cash flow per share of common stock ratio. This is calculated by dividing the net cash provided by operating activities by the average number of shares of common stock outstanding. The ratio is the amount that the company can pay for each of the shares of common stock. The higher this amount is, the better that they can pay. Apple’s cash flow per share of common stock is $9.81. The cash flow liquidity ratio is also an important ratio. This shows if the company is able to pay off their short-term debts. It is the total of cash, marketable securities, and net cash provided by the operating activities, all divided by the current liabilities. Apple received a 3.39 times. Another

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