For this assignment, you will complete the Financial Overview component of your course project. To complete this assignment, use the Financial Analysis Toolkit Excel file, provided in the Resources, to complete a financial analysis of your chosen company (Apple Inc,) over the last two most recent years available in annual reports. Replace the numbers provided in the Excel file with the appropriate numbers for your firm. Then, write a 2–3 page financial analysis of your company, addressing the following elements: Identify your company, its industry, and analyze the important segments (percentage of sales or subsidiaries) of your company compared to its industry and its overall business. Perform a complete financial analysis of your chosen company's financial statements—horizontal, vertical (Percentage of Sales and Common-Size), and changes in ratios—for the last two years. Compare all ratios to industry averages. Evaluate the company's ratios against the industry averages. Explain the significance of the company's ratios when compared to industry averages. Analyze the company's cash flows. Assess the overall financial health of your company based on this financial analysis. A great way to integrate your completed calculations from your Excel sheet into your written analysis is to paste pieces of the worksheet directly into your Word document. You are also encouraged to create graphs or charts from the data that may illustrate your analyses as well. Tool Kit for Analysis of Financial Statements Financial statements are analyzed by calculating certain key ratios and then comparing them with the ratios of other firms and by examining the trends in ratios over time. We can also combine ratios to make the analysis more revealing, those indicated below are exceptionally useful for this type of analysis. RATIO ANALYSIS (Section 3.1) *NVIDIA Fiscal Years starts and ends on Jan 31, such that FY13 represents Jan 31,2012 to Jan31, 2013 Input Data: 2013 2012 Year-end common stock price $12.26 $13.86 Year-end shares outstanding (in thousands) 616,756 612,191 Tax rate 15% 12% After-tax cost of capital Lease payments (in thousands) $18,998 $21,439 Required sinking fund payments $0 $0 Balance Sheets (in thousands of dollars) Assets 2013 2012 Cash and equivalents $906,223 $767,218 * Added to cash and quivalents prepaid expense and deferred income taxes Short-term investments $2,995,097 $2,461,700 2013 2012 Accounts receivable $454,252 $336,143 69,701 49,411 prepaid expenses and other Inventories $419,686 $340,297 103,736 49,931 deferred income taxes Total current assets $4,775,258 $3,905,358 Net plant and equipment $1,636,987 $1,647,570 * In addition to equpment also includes goodwill, intangible assets, and other assets Total assets $6,412,245 $5,552,928 2013 2012 641,030 641,030 goodwill .