The financial statements of Apple Inc. are presented in Appendix A. Instructions Answer the following questions using
Question:
The financial statements of Apple Inc. are presented in Appendix A.
Instructions
Answer the following questions using the financial statements and the notes to the financial statements.
a. What were Apple’s total current assets at September 30, 2017, and September 24, 2016?
b. Are the assets included in current assets listed in the proper order? Explain.
c. How are Apple’s assets classified?
d. What were Apple’s current liabilities at September 30, 2017, and September 24, 2016?
Financial StatementsFinancial 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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a Total current assets were 128645 million at September 30 2...View the full answer
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Related Book For 
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119493631
9th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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