Apple is presently reporting on over 70 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Calculated Tax Rate of 30.0674, PPandE Turnover of 10.2823 or Receivables Turnover of 8.5306 will help investors to properly organize and evaluate Apple financial condition quickly. Financial Statement Analysis is way more than just reviewing and evaluating Apple prevailing accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Apple is a good buy for the upcoming year. Check also Trending Equities.