Question: The financial statements of Apple are presented on Appendix D. The company's complete annual report, including the notes to its financial statements, is available at

The financial statements of Apple are presented on Appendix D. The company's complete annual report, including the notes to its financial statements, is available at investor.apple.com.

Instructions

Use the company's financial statements and notes to the financial statements to answer the following questions.

(a) What were Apple's total current liabilities at September 28, 2013? What was the increase/ decrease in Apple's total current liabilities from the prior year?

(b) How much were the accounts payable at September 28, 2013?

(c) What were the components of total current liabilities on September 28, 2013?

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