The financial statements of Apple Inc. are presented in Appendix A. The complete annual report, including the

Question:

The financial statements of Apple Inc. are presented in Appendix A. The complete annual report, including the notes to the financial statements, is available at the company’s website.

Instructions

Refer to Apple's financial statements and answer the following questions.

a. What was the total cost and book value of property, plant, and equipment at September 26, 2015?

b. What was the amount of depreciation and amortization expense for each of the three years 2013–2015?

c. Using the statement of cash flows, what is the amount of capital spending in 2015 and 2014?

d. Where does the company disclose its intangible assets, and what types of intangibles did it have at September 26, 2015?

Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented... 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...