Financial Analysis of Apple Inc. - 795 Words

Financial Analysis (Submitted by) Abstract The following paper aims at discussing the financial position of the American multinational corporation, Apple inc., which designs and markets consumer electronics, computers and personal computers mobile communication devices, and portable digital music and video players, as well as sells various related software, services, peripherals, and networking solutions. Apple Inc. together with subsidiaries sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative customers. As of†¦show more content†¦2009, 2008 amp; 2007 is determined through the following ratios: Liquidity Analysis | | | | | | S. No. | Detail | Working | 2009 | 2008 | 2007 | a. | Current Ratio | $36,265/$19,282 | 1.88 | 2.29 | 2.36 | b. | Quick ratio | $36265-$455/$19,282 | 1.86 | 2.26 | 2.32 | c. | Collection Period(in days) | $3361*365/$36,537 | 34 | 27 | 25 | d. | No. of days sales in | $455*365/$23,397 | 7 | 9 | 8 | | ending inventory (in days) | | | | | The company is still highly liquid but this liquidity trend is in declining trend as current ratio 2.36 in 2007 is declined to 2.29 in 2008 and further declined to 1.88 in 2009. This declining trend is mainly due to increase in collection period of the sale and decrease in number of day’s sale in ending inventory as depicted above. Profitability Analysis: S. No. | Detail | Working | 2009 | 2008 | 2007 | a. | Gross Profit percentage | $13,140/$36,537 | 35.96% | 34.31% | 33.97% | b. | Operating income percentage | $7,658/$36,537 | 20.96% | 19.32% | 18.37% | c. | Return on Equity | $5,704/$27,832 | 20.49% | 22.99% | 24.06% | d. | Return on Assets | $5,704/$53,851 | 10.59% | 12.22% | 13.79% | e. | Cash return on assets | $10,159/$53,851 | 0.19 | 0.24 | 0.22 | f. | Quality of income | $10,159/$5,704 | 1.78% | 1.99% | 1.56% | There is an increasing trend in profit of the company over the last three years i.e. 2007 to 2009. TheShow MoreRelatedFinancial Analysis of Apple, Inc.2114 Words   |  9 PagesCompany Background Apple, Inc. (formerly known as Apple Computer, Inc.) was incorporated in the State of California in 1977. Apple currently designs, manufactures, and markets a variety of computer and personal electronic products, including Macintosh computers, and the iPod digital music player. 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The Period Of A Child s Development - 864 Words

The period of a child’s development is a critical time in their life. Their intellectual, physical, emotional, and social aspects develop during this time and can be easily influenced by those in the present environment. Our class was given the opportunity to observe Micah recorded at 3 years old and then again at 5. In the videos, he had just reached the pre-operational period and how he is fully immersed in it. The major development I noticed during the observations was Micah’s physical and motor development as well as his advanced autonomy. According to Erickson, toddlers acquire an aspiration to complete tasks by themselves in their environment labeled as autonomy. In the video, he sought to take out the blocks by himself and claimed to cleaning up a certain toy by himself. However, it was much more prevalent today. He insisted on putting the toys down, picking which ‘friends’ he wanted to play with, and switching on and off the lights. 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Context is all Margaret Atwood Essay Example For Students

Context is all Margaret Atwood Essay Taking another example as to how there could be different interpretation to a similar act is the example of the killing of the famous navigator Ferdinand Magellan who died because of shaking hand to a tribesman who took it as a challenge to come to war. For example in mathematics, there is stream called probability where there is calculation of the uncertainty of the event occurring and therefore it always lies in between 0 and 1 but if the probability is 0 then the event is not possible and if it is 1 then it is certain. As we know that probability of an event is defined only between 0 and 1 therefore the probability of an event occurring can be either greater than 0 and less then 1 which defines the context of the theory. We now arrive at a conclusion that any statement to be true has to pertain to the Platos test for truth. We could then state that the statement is true. These sorts of statements are what we call as Eternal or Absolute truth, but as we saw earlier that to define a statement that has a mixed reaction about its validity, a context is very important to be defined so that the statement is true. These statements are what I term as contextual truth where any changes in the context of the statement would result in the statement being falsified for example there is a majority of Hindus this statement is incomplete as it can only be true for some region which would be the context of the statement, therefore the statement should be rephrased by saying that there is a majority of Hindus in the Indian sub-continent. Lastly, I would like to conclude by saying that a statement that is true eternally will remain true irrespective of the frame of reference, which is nothing but the context of statement. Many a time statements are true for only a particular reference which means that the context in those statement is all that draws the line between its acceptance as truth and its rejection. Change is a changeless law this statement is a very paradoxical statement as we know that change is inevitable but this cant be applied to this statement as it would stand as an exception. Taking another example space is indestructible this statement is also true as space can never be destroyed but on the other hand we know that there are philosophical believes of spaces curves which would mean that the universe too has a shape and therefore it has a beginning. There is also another philosophical belief that everything that has a beginning has an end and therefore these statements to be true have to be defined in a particular context or a frame of reference. I therefore believe that the statement context is all doesnt support the proposition that there is something called truth that is absolute and beyond any frame of reference known to the human knowledge of the universe and therefore it doesnt pass the second criteria of Platos test of a true justified belief. Word count- 1545 BIBLIOGRAPHY 1. MICROSOFT STUDENT WITH ENCARTA PREMIUM 2007 1 from Microsoft Student with Encarta Premium 2007- quotations 2 from Microsoft Student with Encarta Premium 2007- Encarta dictionaries 3 from Microsoft Student with Encarta Premium 2007.

The Christian Church And Crimes Against Paganism Essays - Religion

The Christian Church And Crimes Against Paganism The Christian Church and crimes against Paganism 1 When I started this report I knew that paganism existed as a religion before Christianity. I suspected that if Christianity developed after paganism then it would have adopted some of the paganistic practices to attract followers. From my previous studies I knew there had been some form of propaganda against the pagan religion. Through out my life, my personal feelings toward the Christian Church, specifically the Catholic Church, were those of distrust. The Christian Bible also left much to be desired. For example, Christians are not supposed to worship any graven image (implying an idol or a symbol) yet they pray to a cross. According to the Christian bible, the old testament, God giveth and God taketh away. Yet in the new testament God gives and the devil takes away. (3) Which is a contradiction of terms. 2 There were several reasons why I felt I had to write this paper. In fact, there were so many that I could not list them all without boring you. I will however discuss them all to one extent or another. The first and foremost reason was the fact that the Christian religion refuses to accept where its roots came from and still slanders the source of its roots, paganism. Secondly, the Christian church has performed some of history's most inhumane acts. Although the church has apologized for some of its atrocities it continues to persecute people to this day. The church has stolen rituals and symbols and claimed them for their own while calling those from whom they stole the symbols from as evil. Christians have called pagans Satan worshipers because they did not take the time to find out that to be pagan means to worship two or more gods and not one (i.e. God or Satan) . To this day Christians still refuse to admit they were and still are wrong about paganism. The third reason is that the Christian religion tells people that if you do not believe in my god then you are evil and wrong. Finally, I personally have been told that as long as you are not Christian (from the Catholic church specifically) then you are welcome in their church but you are not allowed to take part in the Eucharist. 3 During my discussion with Subject #1, he began explaining about Joseph and Mary, Jesus' mother and father. He told me that not only was Joseph a carpenter, as all know , but also a missionary. therefore, he explained, Mary was called the Virgin Mary because she was the wife of a missionary not because she was a virgin. The wife of any missionary was called a vestal virgin. During the time of Joseph's absences she was a practiced virgin. However, when she was with her husband they had sexual intercourse. Yet because Joseph was a missionary Mary was considered a virgin through the divine intervention of god. When Jesus started to preach he was a philosopher, He did not speak about how the Jewish or Roman Catholic Religion should be run. Jesus' speeches were a release for the people from the occupying Romans and the harsh Jewish temples. The new testament was Jesus' philosophy. In fact there are no original copies because King James rewrote the new testament as he thought it should be. The Roman Catholic Church knows of the changes but refuses to acknowledge them. While continuing my discussion with subject #1, he disclosed the main reasons why he gravitated toward the pagan way of life. As a child he was told to worship God and anything you want just ask from God and he will give it to you. He felt that was selfish. Then he finally learned what the pentagram meant. Then he felt the need to learn more. He got curious and started to think on his own. To be pagan according to Subject #1 means to be open to others about how you feel. He did not like the Church telling him that he should control how he feels. As soon as he figured out how he felt he became a pagan. The pagan church, to him, is a church of free thinking. He told me that you must not just live you have to be open or you are not really alive. The church told him to control his feelings. He did not agree with this. That is when he became pagan. However, he told me something of interest, there could not be a