Obtain the most current SEC Form 10-K (annual financial report) from Apple’s web site (Do not use the Annual Report that is sent to shareholders):
Calculate and analyze the following ratios for Apple for the last two years from the SEC Form 10-K:
• Current Ratio
• Inventory Turnover
• Debt Ratio
• Gross Profit Margin
Compare and contrast your company’s ratios to industry and competitor standard ratios obtained from Yahoo Finance, Morningstar, MotleyFool, Macroaxis or other Internet sources, and provide a detailed answer and analysis as to why your company’s ratios are different than the industry/competitor standard.
Prepare your analysis in a minimum of 300 words in Microsoft® Word. The use of Microsoft® Word tables is encouraged. Show all work.
Cite the source of the industry/competitor ratio information.