The financial statements of Apple are presented in Appendix D Instructions Use the company 's financial statements and notes to the financial statements, available at investor apple com, to answer the following questions (a) What were the total cost and book value of property, plant, and equipment ...

a Property plant and equipment is reported net book value on the September 28 2013 balance she ...

The financial statements of Apple are presented in Appendix D. Instructions Use the company's financial statements and

Question:

The of Apple are presented in Appendix D.
Instructions
Use the company's and notes to the available at investor.apple.com, to answer the following questions.
(a) What were the total cost and book value of property, plant, and equipment at September 28, 2013?
(b) What method or methods of depreciation are used by Apple for financial reporting purposes?
(c) What was the amount of depreciation and amortization expense for each of the 3 years 2011-
2013? (Hint: Use the statement of cash flows.)
(d) Using the statement of cash flows, what are the amounts of property, plant, and equipment purchased (capital expenditures) in 2013 and 2012?
(e) Explain how Apple accounted for its in 2013.
Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented... 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...