Financial Statement Analysis Homework

Financial Statement Analysis

For the company Apple Computer (symbol: AAPL), please complete Parts 1 through 4, being sure to provide the numbers used to compute all Ratios in the same manner presented in the AMD Example shown in class, using the Excel template provided under the Week 7 Module. Note that Apple’s most recent fiscal year, FY 2020, ended September 30, 2020.

The data sources to be used are provided directly below Part 4.

Part 1 Financial Health. For each of the fiscal years 2016 to 2020:

Calculate the Net Profit Margin.

a. Is the 5-year trend improving, deteriorating or flat?

b. How does the 2020 Net Margin compare with the historic average

S&P500 Net Margin – is it better or worse? Please cite the

benchmark provided in class.

2) Calculate Free Cash Flow.

a. Is the trend improving, deteriorating or flat?

b. Does the 2020 Free Cash Flow seem particularly good, particularly

bad or neutral? Why?

3) For just 2020, calculate Net Cash (Debt) position.

a. Does this figure seem particularly good, particularly bad or neutral?

Why?

4) From your DuPont project, please comment on whether the company’s

2020 ROE is better or worse than the historic average S&P500 ROE.

Please cite the benchmark provided in class.

Part 2 Risk

1) From your DuPont Project, please comment on whether the company’s 2020 Debt to Capital Ratio is better or worse than the benchmark figure provided in class. Please cite the benchmark.

Part 3 Valuation.

1) Please provide the company’s 5-year projected annual EPS growth

rate.

a. How does this rate compare to the historic average annual EPS growth rate of the S&P500? Please cite the benchmark provided in class.

2) Calculate the 2021 Estimated Price-Earnings Ratio.

a. How does this ratio compare to the 2021 Estimated Price-Earnings Ratio for the S&P500? Please cite the figure provided in class.

3) Compute the Relative P/E vs. the S&P500.

a. Is this what you would expect? Why or why not?

Part 4 Conclusion.

1) Would you buy the stock at this price? Please explain why or why

not based on key findings from your DuPont analysis, as well as the current analysis.

Data Sources

Please use www.sec.gov to obtain the required Income Statement, Balance Sheet and Cash Flow data provided in the company’s 10-K’s.

In the 2020 10-K, you should be able to get 5 years of historical data for some of the major financial statement line items (such as Revenue and Net Income) under the section called “Selected Financial Data.”

· For the data not provided in Selected Financial Data, please use the 2020 and 2017 10-K’s.

Please use www.finance.yahoo.com to obtain the

Get Online Homework Help from Homework Market 

Homework Market
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Homework Market

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Homework Market

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Homework Market

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Homework Market

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Homework Market

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

Homework Market

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Homework Market

Place your order

Fill in the order form and provide all details of your assignment.

Homework Market

Proceed with the payment

Choose the payment system that suits you most.

Homework Market

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Homework Market Homework Market

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Homework Market Homework Market

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Homework Market Homework Market

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Homework Market Homework Market

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.