MGT 521 Week 5 Business Analysis Part II Apple Inc
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Business Analysis
MGT 521 Week 5 Business Analysis Part II Apple Inc
Business Analysis Part II
The only accounting that should be done when researching investments is reading financial statements. You can use the financial statements; income statement, balance sheet, and cash flow, to analyze how well a company is doing financially (Joseph). With the income statement close attention is paid to several numbers with gross profit and net income being the most important. Gross profit is the difference between revenue from sales and the cost of providing the product or service for said sales (Joseph). Net income refers to the amount of money that a firm has left over after paying all of the bills (Joseph).
There are several ways to dissect the income statement for Apple, Inc. For example...