Last week, you performed a trend analysis for the manufacturing company Apple Inc. in week 2. For this week, refer back to that company and assess the financial statements using the ratio tools you have acquired in the course. Select at least one profitability, liquidity, solvency, and market valuation ratio and evaluate the results. Based on your findings, post an initial response to the following:
- What do the metrics tell you about the company’s performance? Support your answer by explaining the results from your assessment.
- If you were considering investing in the company, what other questions would you ask to gain further insight into the performance?