Apple and Google: Interpretation of Financial Statement Essay

Open, View, and/or
Download this Document

Total Length: 544 words ( 2 double-spaced pages)

Total Sources: 3

Page 1 of 2

Apple and Google: Interpretation of Financial Statement Changes

Based on the computations presented in Table 1, Apple comes across as being the best performer. My assertion is in this case largely based on the changes in the revenue figure. In the two years under consideration, the company registered a 66% increase in revenues. The enhanced revenue could in this case be an indicator of enhanced sales as a result of aggressive marketing or new product launch. An increase in unit selling price of the company's products could also have contributed to the change in revenue. Google on the other hand managed to increase its revenues by 29% within the same period. It is however important to note that in each case, the cost of goods sold also increased significantly.

From a managerial perspective, the information derived from the computations and comparisons in Table 1 are useful for a number of reasons.

Stuck Writing Your "Apple and Google: Interpretation of Financial Statement" Essay?

View All Our Example Apple and Google: Interpretation of Financial Statement Essay

Have A Custom Example Essay Written

To begin with, I could utilize the said information to assess the current status of the companies in question. For instance, Apple's cost of goods sold increased from $39,541 million in the year 2010 to $64,431 in 2011. This represents a 63% increase in the cost of goods sold within the period under consideration. An increase in the cost of goods sold essentially leads to a decrease in net income. From a managerial perspective, the information contained in Table 1 in regard to changes in COGS over the two-year period could help in the determination of the appropriate measures to be taken in a bid to control the escalating cost of sales. Thus the information could be used as a diagnostic….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Apple And Google Interpretation Of Financial Statement" (2012, October 26) Retrieved April 26, 2024, from
https://www.aceyourpaper.com/essays/apple-google-interpretation-financial-statement-82725

Latest MLA Format (8th edition)

Copy Reference
"Apple And Google Interpretation Of Financial Statement" 26 October 2012. Web.26 April. 2024. <
https://www.aceyourpaper.com/essays/apple-google-interpretation-financial-statement-82725>

Latest Chicago Format (16th edition)

Copy Reference
"Apple And Google Interpretation Of Financial Statement", 26 October 2012, Accessed.26 April. 2024,
https://www.aceyourpaper.com/essays/apple-google-interpretation-financial-statement-82725
   

Open, View, and/or
Download this Document
order custom essay example