1. 
   

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   What dollar amount of Accounts Receivable did Apple expect to collect at the end of fiscal year 2019 ?

   Amount in dollars, in millions, without commas Blank 1

   Source Document (enter IS, BS, or SCF) Blank 2

2 points

Question 54

1. Apple 2019 10-K Extracts.pdf

   For fiscal year 2018, what was Apple's gross profit margin for products ?

   Amount in dollars, in millions, without commas Blank 1

   Source Document (enter IS, BS, or SCF) Blank 2

2 points

Question 55

1. Apple 2019 10-K Extracts.pdf

   At the end of fiscal year 2018 , what was the value of goods and services owed to customers by Apple due to payments received in the past?

   Amount in dollars, in millions, without commas Blank 1

   Source Document (enter IS, BS, or SCF) Blank 2

2 points

Question 56

1. Apple 2019 10-K Extracts.pdf

   How much cash did Apple use to acquire PP&E during fiscal year 2017 ?

   Amount in dollars, in millions, without commas Blank 1

   Source Document (enter IS, BS, or SCF) Blank 2

2 points

Question 57

1. Apple 2019 10-K Extracts.pdf

   How much research and development expense did Apple recognize in fiscal 2018?

   Amount in dollars, in millions, without commas Blank 1

   Source Document (enter IS, BS, or SCF) Blank 2

2 points

Question 58

1. Apple 2019 10-K Extracts.pdf

   How much cash did Apple use to pay dividends (and dividend equivalents) during fiscal 2018 ?

   Amount in dollars, in millions, without commas Blank 1

   Source Document (enter IS, BS, or SCF) Blank 2

   
   

2 points

Question 59

1. Apple 2019 10-K Extracts.pdf

   How much cash did Apple use to buy back its common stock in fiscal 2019 ?

   Amount in dollars, in millions, without commas Blank 1

   Source Document (enter IS, BS, or SCF) Blank 2

Transcribed Image Text:

Net sales: Products Services Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except number of shares which are reflected in thousands and per share amounts) Total net sales Cost of sales: Products Services Total cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income (expense), net Income before provision for income taxes Provision for income taxes Net income Earnings per share: Basic Diluted Shares used in computing earnings per share: Basic Diluted Years ended September 28, September 29, 2019 2018 $ 213,883 S 46,291 260,174 144,996 16,786 161,782 98.392 16,217 18,245 34,462 63,930 1,807 65,737 10,481 55,256 S 11.97 $ 11.89 $ See accompanying Notes to Consolidated Financial Statements. 225,847 S 39,748 265.595 148,164 15,592 163,756 101,839 September 30, 2017 14,236 16,705 30,941 70,898 2,005 72,903 13,372 59,531 S 196.534 32,700 229.234 12.01 S 11.91 $ 126,337 14,711 141,048 88,186 3385| 11,581 15,261 26,842 61,344 2,745 64,089 15,738 48,351 9.27 9.21 4.617,834 4,955,377 5217.242 4,648,913 5,000,109 5,251,692 Net sales: Products Services Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except number of shares which are reflected in thousands and per share amounts) Total net sales Cost of sales: Products Services Total cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income (expense), net Income before provision for income taxes Provision for income taxes Net income Earnings per share: Basic Diluted Shares used in computing earnings per share: Basic Diluted Years ended September 28, September 29, 2019 2018 $ 213,883 S 46,291 260,174 144,996 16,786 161,782 98.392 16,217 18,245 34,462 63,930 1,807 65,737 10,481 55,256 S 11.97 $ 11.89 $ See accompanying Notes to Consolidated Financial Statements. 225,847 S 39,748 265.595 148,164 15,592 163,756 101,839 September 30, 2017 14,236 16,705 30,941 70,898 2,005 72,903 13,372 59,531 S 196.534 32,700 229.234 12.01 S 11.91 $ 126,337 14,711 141,048 88,186 3385| 11,581 15,261 26,842 61,344 2,745 64,089 15,738 48,351 9.27 9.21 4.617,834 4,955,377 5217.242 4,648,913 5,000,109 5,251,692

Answer rating: 100% (QA)

Based on the consolidated financial statements provided here are the net sales fi... View the full answer