Question

Pick one real company and share your thoughts on your conclusion after reading its financial statements....

Pick one real company and share your thoughts on your conclusion after reading its financial statements.

Apple

https://www.apple.com/newsroom/pdfs/fy17-q4/Q4FY17ConsolidatedFinancialStatements.pdf

Business   Accounting   
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Answer #1

Before starting of my conclusion, please confirm my basis provided at the end.

Basis –

  1. The financial statements are unaudited.
  2. The financial statements are not for year end. Its half year end position.

Conclusion –

Although there is increase in figures of for operating income of 2017 that of 2016, there is change in share holding pattern. The number of shares count of 2017 is reduced that of 2016. Due to which the ratios showing better position of 2017 than that of 2016. The net cash inflow from operating activity is positive equivalently the cash outflow of investing and financing activity shows that, the cash flow management is working properly and there is no any excess cash balance.

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