The financial statements of Apple Inc. are presented in Appendix A. Instructions for accessing and using the company’s complete annual report, including the notes to the financial statements, are also provided in Appendix A.

Instructions

Refer to Apple’s financial statements and answer the following questions.

(a) What was the total cost and book value of property, plant, and equipment at September 28, 2013?

(b) What was the amount of depreciation and amortization expense for each of the three years 2011– 2013?

(c) Using the statement of cash flows, what is the amount of capital spending in 2013 and 2012?

(d) Where does the company disclose its intangible assets, and what types of intangibles did it have at September 28, 2013?