No School

AA 1

1. Go to Apple’s website (investor.apple.com) and explore the website. Click on the “SEC Filings” link. Obtain the most recent SEC Form 10-K provided for Apple. Based on the information obtained from the website and your knowledge of the industry, prepare a memo discussing the following items: a. Apple’s: ■ Sales – 2017 Domestic and international net sales accounted for 37% and 63% respectively of total net sales (Apple Form 10-k, 2017, p. 5). Their net sales was $229,234 million (Apple, Form 10-K, 2017, p. 7) ■ Net income – 2017 Net Income was 48,351 million dollars (Apple, Form 10-K, 2017, p. 21) ■ Cash flow from operating activities – 2017 cash flow was $63,598 million (Apple, Form 10-K, 2017 p30) ■ Total assets – 2017 total assets was $375,319 million (Apple, Form 10-K, 2017, p. 21) ■ Number of employees – As of September 30, 2017 there were approximately 123,000 fulltime equivalent employees. (Apple, Form 10-K, 2017, p. 7)