Perform a horizontal analysis and a vertical analysis of Apple, Inc

jagguarpaw January 19, 2017 0 Comments

Question: Perform a horizontal analysis and a vertical analysis…

Perform a horizontal analysis and a vertical analysis of Apple, Inc.

Apple Inc.
Income Statement
For the Years Ending 2015 and 2016
Sep 16 Sep 15
Revenue 215,639.00 233,715.00
Cost of Goods Sold 131,376.00 140,089.00
Gross Profit 84,263.00 93,626.00
Gross Profit Margin 39.08% 40.06%
SG&A Expense 14,194.00 14,329.00
Depreciation & Amortization
Operating Income 60,024.00 71,230.00
Operating Margin 27.84% 30.48%
Nonoperating Income 1,348.00 1,285.00
Nonoperating Expenses 1,348.00 1,285.00
Income Before Taxes 61,372.00 72,515.00
Income Taxes 15,685.00 19,121.00
Net Income After Taxes 45,687.00 53,394.00