Obtain the most current SEC Form 10-K (annual financial report) from the Apple Corporation company’s web site (Do not use the Annual Report that is sent to shareholders). Calculate and analyze the following ratios for your selected company for the last two years from the SEC Form 10-K:
– Current Ratio
– Inventory Turnover
Compare and contrast your company’s ratios to industry and competitor standard ratios obtained from Yahoo Finance, Morningstar, or other Internet sources, and provide a detailed answer and analysis as to why your company’s ratios are different than the competitor standard. Cite the source of the industry/competitor ratio information. Must show the figures from both companies on an excel.