Refer to Apples financial statements in Appendix A to answer the following. 1. Are its financial statements

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Refer to Apple’s financial statements in Appendix A to answer the following.
1. Are its financial statements consolidated? How can you tell?
2. What is the amount of comprehensive income for the year ended September 28, 2013?
3. Does it have any foreign operations? How can you tell?
4. Compute its return on total assets for the year ended September 28, 2013.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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