Using APPLE INC.;

1. The math: Explain how you move from the details of a situation to the next level. Each of you will address this question differently. We are recording the acquisitions and operations of our company. What does this mean, using a specific example?

2. Visit your SEC 10-K company. Post concepts that show the details we have discussed thus far from last year to this year. Use the Financial Statements. Search the SEC 10-K report for the words Acquisitions and Divestitures.

3. Revisit your SEC 10-K. Post details from the Notes to the Financial Statements that explain the financial statement line item. Example: goodwill. What do we know about it? What was its source? How has it changed?