Refer to the financial statements and related disclosure notes of Dell Inc. in Appendix B located at the back of the text.

Required:
1. What categories does the company use to classify its assets? Its liabilities?
2. Why are investments shown as a current asset?
3. Explain the current liability “deferred service revenue.”
4. What purpose do the disclosure notes serve?
5. What method does the company use to depreciate its property and equipment?
6. Does the company report any subsequent events or related party transactions in its disclosure notes?