SEC- 10k for Apple I. Using vertical analysis (show your calculations), present the following values for this year and last year: a) gross profit margin b) net profit margin (use the last “net income” line on the statement) c) Comment on changes: Are sales increasingly profitable? How are gross profit and net income changing, as dollar values? 2. Conduct a Vertical Analysis on any two items of the Balance Sheet and comment on your results.
