Order Now Order Now
Login / SignUp
Order Now

Home Free Essays

>>

All Subjects

>>

Finance, Accounting And Banking

>>

Discussion

Discussion

Download

Apple Financials

Name of Student

Institutional affiliations

Apple Financials

I have chosen Apple Inc. as the company. Revenues are cash inflows which are related to the normal operations of the company CITATION Wil191 \l 1033 (Kenton, 2019). The company has increased the service revenue in 2019 as compared to 2018 whereas the product revenue for the same period has gone down. Cost of sales are the expenses which are directly related to sales CITATION Ada19 \l 1033 (Hayes, 2019). These expenses have decreased as well as the gross margin which shows a negative trend for the company. A decrease in cost of sales means that company has applied better practices in its production facilities. Operating expenses include expenses which are not directly related to production of goods or services. These expenses are charged to the whole operating process whether involved in production or not. Research and development is an integral part of the company because of nature of business undertaken by company. Selling general and administrative expenses are the indirect expenses incurred to operate the company. One common expense which is included in the general expenses is depreciation which is the annual value of wear and tear in the fixed assets. Another important part of these expenses is the salaries and wages which have to be paid to employees not directly related to production. Operating income shows the profit from operations of the company during the year. Other income can include interest received and other similar items which are not regular and are not related to operations of the company. Income tax is applied to income before taxes and we arrive at the net income for the year. This figure is very important because shareholders see this as their return. The net income is used to calculate the earnings per share. Another important analysis is to see all the items as a percentage of sales which helps us to compare income statement of one year to the previous year’s statements.

References

BIBLIOGRAPHY Hayes, A. (2019, October 16). https://www.investopedia.com/terms/c/cogs.asp. Retrieved from https://www.investopedia.com: https://www.investopedia.com/terms/c/cogs.asp

Kenton, W. (2019, July 14). https://www.investopedia.com/terms/r/revenue.asp. Retrieved from https://www.investopedia.com: https://www.investopedia.com/terms/r/revenue.asp

More Subjects

Education

(5614)

English

(2294)

Business And Management

(1760)

Healthcare And Nursing

(1684)

Psychology

(929)

History And Anthropology

(743)

Sociology

(572)

IT

(446)

Education

(429)

Finance, Accounting And Banking

(419)

Philosophy

(347)

Political Science

(310)

Law And International Law

(308)

HRM

(300)

Economics

(288)

Biology And Life Sciences

(267)

Literature

(249)

Marketing And PR

(238)

Culture

(140)

Environmental Science

(109)

Geography

(92)

Statistics

(64)

Maths

(53)

International Relations

(44)

Physics

(30)

Chemistry

(25)

Capstone

(8)

Project Management

(8)

Reflective Thinking

(7)

Critical Review

(3)

Linguistics

(3)

Critical Appraisal

(2)

BUS 2090

(2)

English 12 Drama

(1)

Business Information Technology

(1)

Operational Plan

(1)

Corporate Finance

(1)

L2 Photography And Design

(1)

Food Nutrition

(1)

Leadership

(1)

Nursing

(1)

MBA

(1)

Social Enterprise Project

(1)

Government

(1)

Our tools

Essay typer Grammar Checker Plagiarism Checker Citation Generator

Useful Links

Free Essays About Blog

Contact me

info@freeessaywriter.net

If you have any queries please write to us

Join our mailing list

Invalid Email Address!
Thank you for joining our mailing list

Please note that some of the content on our website is generated using AI and it is thoroughly reviewed and verified by our team of experienced editors. The essays and papers we provide are intended for learning purposes only and should not be submitted as original work.

@ All Rights Reserved 2023 info@freeessaywriter.net

Privacy Policy Terms of Service Use Contact
Back to top