The financial statements of Apple Inc. are presented in Appendix A. The complete annual report, including the
Question:
The financial statements of Apple Inc. are presented in Appendix A. The complete annual report, including the notes to the financial statements, is available at the company's website.
Instructions
Answer the questions below using Apple's Consolidated Balance Sheets.
a. What were Apple's total current assets at September 28, 2019, and September 29, 2018?
b. Are assets that Apple included under current assets listed in proper order? Explain.
c. How are Apple's assets classified?
d. What was Apple's "Cash and cash equivalents" at September 28, 2019?
e. What were Apple's total current liabilities at September 28, 2019, and September 29, 2018?
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a Apple Inc assets Current Assets 1491 million September 28 2019 and 2077 million September 29 2018 ...View the full answer
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