Question

Use Apple Inc.’s balance sheets given here to answer the questions that follow.


Requirements
1. What date marks the end of Apple’s most recent fiscal year?
2. Did Apple earn a net income or net loss during the most recent fiscal year? How can you tell?
3. Did the owners of Apple make any capital contributions during the most recent fiscal year (or did Apple get some new owners)?
4. Did Apple buy or sell any property, plant, or equipment during the most recent fiscal year? How can you tell?
5. On the last day of the most recent fiscal year, did Apple have any debts? If so, what was the totalamount?


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  • CreatedSeptember 01, 2014
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