A balance sheet enables investors to gain insight into a business and its activities to know how the management efficiently uses shareholders' equity and assets to generate profit. It gives potential investors a snapshot of the composition of a company's accounts about its total assets, total liability, and shareholders' equity. This information is helpful because they help investors know the capability of a company to run its business operations more efficiently without being insolvent (Kahn & Baum, 2020). Besides, a balance sheet shows a company's financial position and who owns the business. Therefore, potential investors can use a balance sheet to know the company's components and whether the business can use its assets to pay for its obligations.
Summary of Apple Inc.'s Balance Sheet
Apple's balance sheet for 2019 and 2020 consists of current assets, fixed assets, current liability, and shareholders' equity. The company's current assets are more than its liabilities for the same year. The variances imply that Apple Inc. could use its current assets to settle its short-term obligations in 2019 and 2020. Further, a significant position of Apple's capital is made up of non-current liabilities, which means the company funds its business operations with debt capital (Kahn & Baum, 2020). Even though the company has never run into receivership, its capital composition is not favorable.
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Significance of including the User-Experience (UX) to make Technology Attractive
User experience (UX) is a process design team utilized to develop products that provide valuable and relevant experience to users. It increases user's satisfaction by meeting their needs and expectations. Use experience design is essential because it aims to offer positive experiences that increase user loyalty and commitment to a product or brand (Gangadharan, 2020). It also enables companies to define customer or user journeys on their more appealing products to customers. In a nutshell, user experience improves organizational performance because it increases consumer satisfaction.
References
Gangadharan, P. (2020, August 4). The importance of user experience design . Medium. https://uxplanet.org/the-importance-of-user-experience-design-988faf6ddca2
Kahn, M. J., & Baum, N. (2020). Basic accounting and interpretation of financial statements. In The Business Basics of Building and Managing a Healthcare Practice (pp. 13-18). Springer, Cham.
