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What is the purpose of the Excel Workbook?

1) To analyze Apple Inc.'s financial performance
2) To evaluate investment opportunities
3) To conduct a review of Apple Inc.'s financial position
4) To provide a complete financial review of Apple Inc. for the last 3 years

Answer :

Final answer:

The Excel Workbook for Apple Inc.'s financial review is meant to analyze the company's financial performance, evaluate its financial position over the past three years, and assess future investment opportunities.Hence option A is correct.

Explanation:

The purpose of the Excel Workbook provided for the financial review of Apple Inc. is to analyze Apple Inc.'s financial performance, conduct a review of Apple Inc.'s financial position, and provide a complete financial review of Apple Inc. for the last 3 years.

This involves understanding the company's liquidity, profitability, and solvency, as well as how it stands in comparison to its peers. By examining various financial statements, such as the Statement of Financial Position (or Balance Sheet), and using tools like Excel's solver program, analysts can discern the changes in operations and visualize the company's finances.

Additionally, this detailed analysis also serves to evaluate investment opportunities moving forward. The information drawn from the financial statements will allow the company to adjust its operations and policies to strengthen its financial position and to manage long-term liabilities effectively.

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