Use Apples September 26, 2009, financial statements, in Appendix A near the end of the book, to
Question:
a. Identify the dollar amounts of Apple’s 2009
(1) Assets,
(2) Liabilities, and
(3) Equity.
b. Using Apple’s amounts from part a, verify that Assets = Liabilities + Equity.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 38% (13 reviews)
a For September 26 2009 the account and its dolla...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Question Posted:
Students also viewed these Accounting questions
-
Use the Home Depot 2009 financial statements in Appendix A at the end of this textbook. Read note 1 to the financial statements that summarizes significant accounting policies for Home Depot. Read...
-
Use Apples September 30, 2008, financial statements, in Appendix A near the end of the book, to answer the following: a. Identify the dollar amounts of Apples 2008 (1) Assets, (2) Liabilities, (3)...
-
In the Home Depot 2009 financial statements in Appendix A at the end of this textbook, read note 1. Find the information about Home Depots international store locations. a. In what countries (other...
-
In Exercises 7582, express the given function h as a composition of two functions f and g so that h(x) = (f g)(x). h(x) = x-9
-
(This is a continuation of Problem 14-53.) As inflation has increased throughout the world, the rental income of homes has decreased and a net annual rental income of 8% of the market value of the...
-
Casey Hartwig, CPA, was retained by Global Cable to prepare financial statements for the year ended April 30, 2017. Hartwig accumulated all the ledger balances per Global's records and found the...
-
Repeat Problem 9.4 without centering the regressors and compare the results. Which approach do you think is better? Data From Problem 9.4 Find the condition indices and the variance decomposition...
-
Slick Pads is a company that manufactures laptop notebook computers. The company is considering adding its own line of computer printers as well. It has considered the implications from the marketing...
-
The following data pertain to ABC Company (assume a perpetual inventory system) for the month ended January 31, 2019: Date Description Units Unit Cost Unit Selling Price Jan.1 Beg. Inventory 5...
-
A month has elapsed since Precision Computer Centres year-end. Tony Freedman will use four specialized journals for recording business transactions in the month of Septemberyou will find two in...
-
Accounting provides information about an organizations business transactions and events that both affect the accounting equation and can be reliably measured. Identify at least two examples of both...
-
In a recent years financial statements, Home Depot reported the following results. Compute and interpret Home Depots return on assets (assume competitors average a 5% return on assets). Sales . . . ....
-
Assume that a database has a table named Inventory, with the following columns: a) Write a SELECT statement that will return all of the columns from every row in table. b) Write a SELECT statement...
-
Choose one of the following health crisis scenarios and write a two- minute press conference statement following the best practices in risk and crisis communication and present it to the class: a)...
-
Find the Pv work required to blow up a balloon to a diameter of 1 ft. Does the value you calculate account for all the work that is required? Explain.
-
A rigid container contains saturated water at a pressure of 2 bar and a quality of 0.42. The water undergoes a process in which it is heated to a fi nal temperature of 540C. Determine the fi nal...
-
Define the four categories of goods illustrated in the chapter. How would you distinguish one from another?
-
Visitors of the Carrs Park, a public park in Wilmslow, England, can use all available facilities, which include tennis courts and playgrounds, for free. In addition to this, there is no entry fee to...
-
The following data represent the weight-lifting results from the 1976 Olympics. In Problems 6-12, construct a scatterplot of the given data. Is there a trend in the data? Are any of the data points...
-
Hardin Services Co. experienced the following events in 2016: 1. Provided services on account. 2. Collected cash for accounts receivable. 3. Attempted to collect an account and, when unsuccessful,...
-
Imagine that youre a business consultant who has been hired to explore an idea for a start-up and write a report. Choose any prospective business that interests youmaybe an idea you are already...
-
Winston Abbott operates Abbott Small Engine Repair on his cattle farm, greatly supplementing his farm income. Most of his customers pay cash, so he uses the direct write-off method to account for...
-
On August 2, 2014, SLM Company received a $5,500, 90-day, 5% notes from customer Will Carr as payment on his account. Determine the maturity date and prepare the August 2 and maturity date entries,...
-
Wallace Contracting recorded the following transactions during November 2014: Cost of goods sold (or COGS) has been ignored for the purpose of maintaining focus on accounts receivable. Required 1....
-
As a precaution, the levers on gasoline pumps in many provinces in Canada must be manually operated at all times. One of the reasons for this is especially relevant in the winter time because the...
-
7. A transformer core is shown in cartoon form in Figure 8.26. This is made up of, perhaps implausibly, 29 gage M-36 laminations: the same sort of material described by Figures 8.19 and 8.20. Assume...
-
2. For a lamp that has a total luminous flux, of 4.5104 lm and total radiant flux, of 300 W, (a) what is the overall luminous efficiency, K for this lamp? (b) if this lamp has a luminous intensity of...
Study smarter with the SolutionInn App