Refer to Apples financial statements in Appendix A. 1. What amount of accounts payable did Apple report
Question:
Refer to Apple’s financial statements in Appendix A.
1. What amount of accounts payable did Apple report on (a) September 28, 2019? (b) On September 29, 2018?
2. Compute days’ payable outstanding for fiscal year ended (a) September 28, 2019, and (b) September 29, 2018.
3. Does Apple appear to be taking more or less time to pay its suppliers in fiscal year 2019 versus 2018?
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1 a 46236 b 55888 2 a 46236 161782 x 365 1043 days b 55888 16375...View the full answer
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