The financial statements of Apple are presented in Appendix D. The complete annual report, including the notes
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The financial statements of Apple are presented in Appendix D. The complete annual report, including the notes to its financial statements, is available at the company’s website.
a. What were Apple’s total current assets at September 24, 2016, and September 26, 2015?
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 24, 2016, and September 26, 2015?
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...
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a Total current assets were 106869 million at September 24 201...View the full answer
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Related Book For 
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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