Apple Company (APPL) Financial Analysis Assignment Coursework

Apple Company (APPL) Financial Analysis Assignment - Coursework Example By profession he was a former clerk, but he had expended a huge capital over the expansion of the network of offices and captured a huge customer base in a very short period of time. In 1933, a historic merger was occurred between the two top rivals of the industry, i.e. R.G Dun and Company (Douglass agency) and Bradstreet Companies and resulted in the form of the present D&B Inc. Since then the company had made a number of achievements and the most significant and recognizable was â€Å"The D&B D-U-N-S Number†, which has been used as a standard numerical business identification code for the purpose of data processing for the U.S Government, European Commission and the United Nations. (Dnb.com, 2014) In order to make the financial analysis of the company, it is important to get a thorough analysis of the operational, investing and financial activities of the company and make its comparison with the overall industry norms. (Stickney, 1993) A. Net Sales: - The Company’s revenues are gradually increasing and it was reached to its highest point in 2011 with revenues of $1,759 million. But as compared to its two major competitors, i.e. Equifax Inc. and Experian PLC, its revenues are still very low because these companies have a high market share and market capitalization rate as compared to the DNB. B. Gross Margin: - Being a service provider company, it is capable of earning a high gross margin over its sales because of lower operating cost. After analyzing the gross margin numbers of the company for the previous 5 to 6 years, we will come to know that it has been decreased gradually from 73.1% in 2007 to 66.7% in 2013. The major reason behind the decrease is the increasing competition from the competitors and their low price offerings. C. Operating Margin: - The operating margin figures of the company show that how effectively the company is managing its operations. The operating margin of the overall industry is comparatively same and ranging from 25% to

Economic Efficiency of Green Buildings Essay Example | Topics and Well Written Essays - 1250 words - 1

Economic Efficiency of Green Buildings - Essay Example We can get information about the environmental performance of CASBEE certified buildings by accessing their certification reports. Also, the cash flow information about some CASBEE buildings, which are owned by real estate investment trusts, is available in their respective financial reports. An analysis to segregate conventional and green buildings was first conducted on all properties held by the Japanese Real Estate Investment Trusts (J-REITs). The data for properties were collected based on the latest financial reports as of March 2011. It was found that out of total 1822 properties held by 35 REITs, 23 are CASBEE certified buildings (Table 1). For further analysis then, the 1799 in-CASBEE certified building was considered as conventional, the 23 CASBEE certified buildings were considered as â€Å"green buildings â€Å" for the purposes of this analysis. To determine economic performance, one can use the capitalization rate, calculated by dividing the net operating income by the appraisal value. The capitalization rate is the rate of return on investment, which is commonly used by investors to determine profitability. The first analysis was conducted in order to determine if there is a dissimilarity of capitalization rate between CASBEE certified buildings (green buildings) and non-certified buildings (conventional buildings). Table 2 represents basic statistical information such as sample size, mean, standard deviations, and standard error mean for both the dataset. The test statistic of the test of the difference between two population means depends on whether or not this hypothesis is rejected. Since this output, the result shows that p-value 0.052 > significance level 0.05, this hypothesis cannot be rejected. Therefore, we can conclude that the populations have equal variances. â€Å"Hypothesis Ho: the population means of the two groups are equal†.  Ã‚