Chapter 1, Problem 1.1E

To determine

Concept Introduction:

Financial Statement analysis is done using the components of financial statement. These components are Balance sheet, Income statement, Statement of Cash flows etc. Annual report of a company contains financial statement of that year and previous year for comparison.

To Indicate:

The process to obtain the annual report of the a company from its website.

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