The main financial statements are made up of the following; A Profit and Loss account (also known as a P&L), a Balance sheet and a Cash flow statement. These three statements are normally accompanied with a section called Notes to the accounts. It is important to remember that the financial statements are normally out of date by the time investors receive them and they are also not audited in full. Profit and Loss: The Profit and Loss statement show's the income that a business has generated and its expenditure during a given period, this is usually a full financial year.
Wednesday 24 January 2018
Evaluate Apples strategies
Apple is among America's most admired companies today but this has not always been the case. Using module theory and case evidence, critically evaluate Apple's strategies since 1990. Explain why Apple has been through difficult times and what made the "Apple turnaround" possible. Answer: The global PC market has always been highly competitive with constant growth and modernization with players such as IBM, Dell, HP and Compaq creating tough competing grounds; therefore creativity and innovation has always been at the heart of Apple Inc.
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