Question: Current Liabilities Financial Reporting Problem: Apple , Inc. For this week's discussion topic, you must download Apple's annual report and answer the following questions: What

Current Liabilities Financial Reporting Problem: Apple, Inc. For this week's discussion topic, you must download Apple's annual report and answer the following questions: What were Apple's total current liabilities on September 24,2022? What was the increase/decrease in Apple's total current liabilities from the prior year? What does it mean in relation to the cash account for both years? What were the components of total current liabilities on September 24,2022? In Apple's Note 10, the company explains the nature of its contingencies. Select one of the legal matters and explain how the company accounted for it.Based on information contained in those financial statements, compute the following 2022 ratios for the company: working capitalcurrent ratio. What conclusions concerning the relative liquidity of the company can be drawn from this data?

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