Nobody downloaded yet

Apple's Balance Sheet - Essay Example

Comments (0) Cite this document
Summary
Apple’s Balance Sheet Abstract Apple is undoubtedly the most sought after brand in terms of the profile that it has built over the last several years and an investor only needs to look at its balance sheet to reach at that conclusion. In terms of the brand presence and marketing functionalities, Apple has performed exemplarily and a business empire is fast emerging from such a successful market presence…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96% of users find it useful
Apples Balance Sheet
Read TextPreview

Extract of sample "Apple's Balance Sheet"

Download file to see previous pages Assets From the provided financial information for Apple for the two six months operating periods taken in 2008 and 2009, it is clear that the company experienced an upward movement in different items regarding assets. Initial cash and its equivalents for the two specified periods represent a significant level of reduction from USD 11.875b in 2008 to USD 4.466b in 2009 (Apple, 2009). Whereas cash and similar cash items growth could not necessarily represent growth in view of liquidity practicality issues, it is appropriate to make the assumption that the materiality of the difference did not affect the overall reflection of business operations as cash flow values indicate. This argument is also supported by the observation of increased short-term marketable securities over the same period by double from USD 10.236b to USD 20.547b which could explain the reflected liquidity difference. Despite the fact that the accounts receivable after relevant reconciliation adjustments give a reduction in 2009, the difference does indicate a huge difference in terms of operations. Held inventories also indicate a reduction that would be explained by operations at a time when demand projections would be scaled downwards amidst financial crisis. However, overall liquid assets reflected a growth of USD 1.542b (from USD 32.311b to USD 33.853b), which gives a better reflection that the company grew its liquid assets. Investment in form of long-term securities gives detail of fixed assets and the increase from USD 2.379b to USD 3.865b (37 per cent) confirms the current assets trend as a growth trajectory (Apple, 2009). Other fixed assets elements such as buildings and properties owned increased from USD 2.546b to USD 2.455b, a reflection also reflected in the category of other assets that rose from USD 2.498b to USD 1.935b. To confirm this trend, the overall asset figure was a growth of 9.3 percent (USD 43.237b from USD 39.572b). In support of this information, perhaps the company can consult certain incidental information of cash flow nature to highlight the apparent growth in assets and operation level. The value of income and other operating activities indicate upward movements in net income (USD 2.81b from USD 2.626b) as was the reconciliation movements for income generating activities. Certain operating concepts such as depreciation and amortization illustrate a rise in the charged values, which translates in growth of the associated assets. An increase in the value of these operation costs for instance for depreciation from USD 222m in 2008 to USD 330m a year later reflects a huge hike of related asset base to support operations of the corporation. In other movements, increased stock-based compensations cost by 45 per cent (USD 242m to USD 351m) is an indication of growth in operations that occasion stock-based compensations, translated as growth by the company. It is evident that this information reflects a powerful suitability of Apple as an investment destination. Despite the fact that such increase in compensation could also indicate inefficiency in operations at the same operating capacity, the reduction of disposition losses from USD 10m in 2008 to USD 8m in 2009 as well ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Apple's Balance Sheet Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/business/1453900-decoding-apple-s-balance-sheet
(Apple'S Balance Sheet Essay Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/business/1453900-decoding-apple-s-balance-sheet.
“Apple'S Balance Sheet Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/business/1453900-decoding-apple-s-balance-sheet.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Apple's Balance Sheet

Balance sheet

...? BALANCE SHEET Table of Contents Table of Contents 2 Introduction 3 2.Balance Sheet Items 3 2.1Assets 4 2 1Fixed Assets 4 2 2Current Assets 6 2.2Liabilities 8 2.2.1Current Liabilities 9 2.2.2Long-term Liabilities 9 2.2.3Shareholders’ Funds 9 3.Dual Aspect of Balance Sheet 10 4.Application of Balance Sheet 10 5.Balance Sheet – A Comparison between US and UK System 11 6.Conclusion 12 References 13 1. Introduction This study entails about the balance sheet and its components. Balance sheet is a type of...
10 Pages(2500 words)Essay

Balance sheet

...?Memo It is worth mentioning that Superior Foods is overall in a strong financial position during the mentioned fiscal year of 2003. After reviewing the balance sheet of the company, I would like to pinpoint that the company’s total current assets recorded a cumulative increase of 13 – 15% from 2001 to 2003, whereas the total current liabilities increased by over 22% in the corresponding period. This is attributed to heavy growth in Accounts Payable as a result on greater purchases on credit. Nevertheless, the credit sales of company increased by just under 14%. Cash and cash equivalents also recorded a reasonable increment of 13% approximately from 2001 to 2003. However, the major underlying problem of...
2 Pages(500 words)Essay

Income statement and balance sheet

...?The business community has more accumulated wealth that the governments of the over 200 countries in the world combined. There are thousands of publicly traded companies been traded on Wall Street and international markets such as the London Stock Exchange every day. Due to the importance of these capital markets there is a need for professionals dedicated to financial reporting. Publicly traded companies have to prepare financial statements every accounting period. The normal accounting period is one year, but most companies also release quarterly financial statements. The four major financial statements are the income statement, balance sheet, statement of cash flow, and statement of stockholders...
3 Pages(750 words)Essay

Off-balance sheet banking

...(RBI, 2013, p.18). References Greuning, H. V. and Bratanovic, S. B. 2009. Analyzing Banking Risk (3rd Edition): A Framework for Assessing Corporate Governance and Risk Management. World Bank Publications; Washington D.C. InvestingAnswers, Inc. 2013. Off-Balance-Sheet Financing. [Online]. Available at: http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/balance-sheet-financing-3890. [Accessed on 21 February, 2013]. Partnoy, F. and Turner, L. E. 2007. Bring Transparency To Off-Balance Sheet Accounting. [Pdf]. Available at:...
4 Pages(1000 words)Essay

Balance sheet

...Introduction Balance sheet constitutes a vital part of a company's final accounts that provides valuable information to internal and external users of financial statements. A balance sheet can be produced and presented on an annual or periodic basis. Balance sheet is not used as source of information related to day-to-day transactions. A strong balance sheet strengthens the investor's confidence in the company and motivates to invest more because investors can see huge returns for future in the form of dividends and bonus. The balance sheet further makes it easier for the...
6 Pages(1500 words)Essay

Superior's balance sheet Report

...Superior Living’s Balance sheet highlights the financial health of the company over the last three years. The main aim of this report is to analyze the balance sheet and to concentrate on the working capital, current ration, short terms and long term debts. This will help identify the issues and concerns of the company. Working Capital: Working capital is the difference between the current assets and the current liabilities of any firm. This could also be explained as the assets that are set aside for the day – to –day operations of the business (Samuels et al, 2000). The working capitals for Superior Living for the three years are computed as follows: Year/ ($...
2 Pages(500 words)Essay

Measuring Intangible Assets - Apple, Inc

...be recognized for Apple, Inc. Notably, the intangible assets of the company’s reputation, trademarks, and CEO, are all examined for their central importance in generating profits. A method of recording these assets in the balance sheet is suggested. Ultimately, I believe intangible assets in every company have circumstances that should be analyzed individually and -- due to the seminal importance of these assets in keeping the business engine running – must meet rules of recognition. References Accounting tools. (2011). Retrieved from http://www.accountingtools.com/definition-financial-statemen Apple inc. stock chart. (2011)....
4 Pages(1000 words)Essay

Decoding Apples Balance Sheet

...Decoding Apple’s Balance Sheet Affiliation: Apple has pursued a successful businessaspect since its establishment. The company has engaged vibrant business strategies, placing it at the forefront in its business operations and competition against its rivals. Today, Apple is one of the most successful technology-driven companies in the world. While its customer base and market share locally and in the global markets is significantly high, it is important to evaluate the company’s financial performance. Assets, liabilities and shareholders’ equity are critical to account for in this case. This is important in making decisions that pertain to investment in the company. Investment activities are undertaken by individuals, firms, firms... on the...
2 Pages(500 words)Research Paper

ACCT SLP 4: Balance Sheet

...Module 4 SLP Balance Sheet Nybrostrand Company Balance Sheet As on 31 December       Amount in $ Inventory 76,500 Accounts receivable 36,500 Cash 101,700 Land 400,000 Equipment (net of depreciation) 395,000 Total Assets 1,009,700     Long-term debt 127,000 Accounts payable 78,000 Notes Payable 350,000 Common stock 10,000 Paid-in capital 50,000 Additional Capital 150,000 Profit for the year 151,150 Retained Earnings 93,550 Total Equity and Liabilities 1,009,700       Balance sheet describes...
4 Pages(1000 words)Essay

Income Statement And Balance Sheet

...Income ment And Balance Sheet Both the income ment as well as the balance sheet provides answers to two questions together. These financial statement provides insight regarding how well did an organization perform in a particular period or accounting cycle and the assets as well as the liabilities that a particular company owes or has ownership off. Both the financial statement has various elements in common that are exhibited through different headings. The answer to the question that how well a company has performed during a particular accounting cycle is exhibited under the heading of an organization’s net income within the income statement and the heading of retained...
1 Pages(250 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Apple's Balance Sheet for FREE!

Contact Us