The consolidated financial statements of Apple Inc. are given in Appendix A and online in the filings
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1. 1-Summary of Significant Accounting Policies, under Cash Equivalents and Marketable Securities. How does the company classify its investments?
2. 1 under Cash Equivalents and Marketable Securities. Does Apple Inc. adjust for periodic changes in fair value of these investments? If so, where do these adjustments appear?
3. 2-Financial Instruments, under Cash, Cash Equivalents and Marketable Securities. What does Apple Inc.'s investment policy require of its investments? What is the reasoning for this?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For 
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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