Need net sales; 2014, 2013
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| (In millions) | | | | Horizontal Analysis | | |
| | | | | | Increase or | % Change | Common Size |
| | | Sept. 27 | Sept. 28 | Sept. 29 | (Decrease) | from \'13 to \'14 | Analysis |
| Fiscal Year Ended: | 2014 | 2013 | 2012 | Dollars | % | 2014 | 2013 |
| | | | | | | | | |
| Total Net Revenue | $ 182,795 | $ 170,910 | $ 156,508 | $ 11,885 | 6.95% | 100.00% | 100.00% |
| Cost of Sales | $ 112,258 | $ 106,606 | $ 87,846 | $ 5,652 | 5.30% | 61.41% | 62.38% |
| Gross Margin | $ 70,537 | $ 64,304 | $ 68,662 | $ 6,233 | 9.69% | 38.59% | 37.62% |
| Research & development | $ 6,041 | $ 4,475 | $ 3,381 | $ 1,566 | 34.99% | 3.30% | 2.62% |
| Selling, General & Administrative | $ 11,993 | $ 10,830 | $ 10,040 | $ 1,163 | 10.74% | 6.56% | 6.34% |
| Total Selling & Administrative expenses | $ 18,034 | $ 15,305 | $ 13,421 | $ 2,729 | 17.83% | 9.87% | 8.96% |
| Operating Income | $ 52,503 | $ 48,999 | $ 55,241 | $ 3,504 | 7.15% | 28.72% | 28.67% |
| Other Income & Expense | $ 980 | $ 1,156 | $ 522 | $ (176) | -15.22% | 0.54% | 0.68% |
| Income before income taxes | $ 53,483 | $ 50,155 | $ 55,763 | $ 3,328 | 6.64% | 29.26% | 29.35% |
| Provision for Income Taxes | $ 13,973 | $ 13,118 | $ 14,030 | $ 855 | 6.52% | 7.64% | 7.68% |
| Net Income | $ 39,510 | $ 37,037 | $ 41,733 | $ 2,473 | 6.68% | 21.61% | 21.67% |
Name: Apple 2014 and 2013 Name: Horizontal Analysis Increase or %Change Comm Ana Sept 27 Sept 28Sept 29 (Decrease) from 13 to \'14 Fiscal Year Ended Dollars 2014 Total Net Revenue Cost of Sales $ 182,795 $ 170,910 $ 156,508 $ 11,885 $112258 $ 106606 $ 87846 $ $70,537 $ 64,304$ 68,662 $ 6.95% 100.00% 100.00% 9.69% 38.59% 3762% Research & development Selling, General & Administrative 11,993 10,830 10.74% 17.83% 10,040 Total Sellin&Aiistrative; expenses $18,034 $15,305 $ 13,421 2,729 9.87% $52,503 $48,999 $55,241 $3,504 Other Income & Expense Income before income taxes Provision for Income Taxes 3,328 855 2,473 15.22% 6 64% 29 26% 29 35% $ 53,483 50,155$55,763 $13,97313,11814,030 $39,510 37,037$41,733 6.68% Apple 2014 and 2013 (In millions, except for number of shares) Horizontal Analy sis Increase or %Change Vertical Analysis Sept. 27 Sept. 28 Sept. 29 (Decrease) rom 13 to \'14 2014 2013 2012 2014 2013 Current Assets: Cash and Cash Equvalents Short-Term investments Accounts Recewable, net Inventories S 13,844 S 14,259 S 10,746 (415.0) S 11,233 S 26,287 S 18,383 (15,054.0) S 17,460 S 13,102 S 10,930 $ 4,358.0 S 2,111 S 1,764 791 347.0 S4,318 S 3,453 S2,583 865.0 S 9,759 S 7,539 S 7,762 $ 2,220.0 S 9,806 S 6,882 S6,458 $2,924 S 68,531 S 73,286 57,653 $ (4,755.0) S 130,162 S 106,215 S 92,122 $ 23,947.0 S 20,624 S 16,597 S 15,452 $ 4,027.0 5 4,616 S 1,577 S 1.135 $ 3,039.0 S 4,142 S 4,179 S4,224 (37.0) S 3,764 S 5,146 5,478 1,382.0) S 231,839 S 207,000 S 176,064 $ 24,839.0 -2.91% -57.27% 5.97% 4.85% 12.70% 6.33% 19 67% 25.05% 29.45% 42 49% -6 49% 22.55% 24.26% 192.71% Vendor non-trade recevables Other Current Assets 29 5596 56.14% 35 40% 51.31% Total Curent Assets Long-term marketable securities Property, Plant& Equipment, net 0.76% Acquired intangible assets, net TOTALASSETS 12.00% 100.0096 100.00% Liabilities& Shareholder Current Liabiities 35.00% 33 18% 13.02% 10.81% Accounts Payable Accrued Expenses 5 30,196 S 22,367 21,175 7,829.0 S 18,453 S 13,856 $ 11,414 4,597.0 S 8,491 S 7,435 S 5,953 $ 1,056.0 5 6,308 S S 63,448 S 43,658 $38,542 19,790.0 S 3,031 S 2,625 S 2,648 406.0 S 28,987 S 16,960 Paper 100.00% 45 33% Total Curent Liabilties 27.37% 21 09% Deferred revenue Long Term Debt $ 12,027.0 70.91% 12.50% Other non-current liabilities Total Li bites $ 24.826 $ 20,208 16,664 S 4,618 44 15% 51 89% 40.31% Common stock, no par value** Retained Earnings Accumulated other comprchensive income (oss) $ 23.313 $ 19,764 $ 87.152 104,256 (471) $ 120.292 $ 83451 $ 57854 S 36,841.0 16,422 S 3,549.0 1,553 17.96% 16.41% 329.72% 10.06% 37.59% 0.47% 9.55% 50.37% -0.23% 101,289 S (17.104.0) 499 1082 Total Shareholders\' equity $ 111,547 $123,549 $ 118,210 S (12,002.0) TOTAL LIA BILITIES & Shr. EQUITY \"Authorzed 1,800,000 shares. Basic weighted average shares outstandng: 934,818 (12), 924,258 (11) & 909,461(10)
Answer : Net sales (or) Net Revenue is the money generated by the Firm in doing the business.
Total net revenue is same as the net sales of the firm
So net sales in 2013 is $170,910
Net sales in 2014 is $ 182,795.
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