Review the Annual Report of either Apple Inc or Samsung Inc (NOT BOTH) to gain a general understanding of the types of financial information contained in the report and explain why the information might be useful to a potential reader.

Assignment Question

Attached are the 2022 annual financial statements for Apple Inc and Samsung Inc from the websites: Instructions:

1. Review the Annual Report of either Apple Inc or Samsung Inc (NOT BOTH) to gain a general understanding of the types of financial information contained in the report and explain why the information might be useful to a potential reader. (30 marks)

2 (a) Determine the following measures for the fiscal years ended 2022 and 2021. Round ratios and percentages to one decimal place. (i) Working capital (ii) Current ratio (iii) Quick ratio (iv) Accounts receivable turnover (v) Number of days’ sales in receivables (vi) Inventory turnover (vii) Number of days’ sales in inventory (viii) Ratio of liabilities to stockholders’ equity (ix) Asset turnover (x) Return on total assets (xi) Return on common stockholders’ equity (xii) Price-earnings ratio (xiii) Percentage relationship of net income to sales (40 marks) 2 (b) What conclusions can be drawn from these analyses? (30 marks) Total (100 marks)

Submission This assignment must be electronically submitted by 11.59 pm on the deadline day via Turnitin in Brightspace. Word limit (excluding tables, charts, references, and appendices): 1,000 words Style and Format Style : Report Font size : 12 (preferably Arial) Line spacing : 1.5 lines References : Harvard or APA or any other style

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