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2 Using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system), find the annual report (10-K) for Apple for the year ended September 28, 2019. Locate

2 Using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system), find the annual report (10-K) for Apple for the year ended September 28, 2019. Locate the "Consolidated Statements of Operations (income statement) and "Consolidated Balance Sheets." You also may find the annual report at the company's website. 3 S Book Print ferences Required: Determine the following from the company's financial statements (enter your answers in millions of dollars as shown in the financial statements): 1. What amount does the company report for accounts receivable? What does this amount represent? 2. What amount does the company report for accounts payable? What does this amount represent? 3. The company reports a single amount for "Other current liabilities" in the liability section of the balance sheet. What are some possible llabilities included in this amount? 4. What amount does the company report for common stock (including additional paid-in capital)? What does this amount represent? 5. Determine whether the company's total assets equal total liabilities plus total stockholders' (or shareholders') equity. 6. What amount does the company report for net sales? When a sale is made, does the company debit or credit the Sales Revenue account? 7. Do the company's total revenues exceed total expenses? By how much? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Accounts receivable The accounts receivable account represents the Required 4 Required 7
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September 28, 2019. Locate the "Consolidated Statements of Operations" fincome statement and *Consolidsted Balance Sheets" You. ako may find the annualicport at the compary/s wobstle. Required: Dequared: statemeats? 1. What arikont does the corppany report for accounts secelvable? What does this amount iepresene? 2. What astount does the company report for accosints puyable? What does this amocint represent? possible liablities included in this arnount? 4. What amount does the compary repoit for common stock (including addaooal pald in capita)? What does this aroount represent? 6. What amount does the compary report for net sales? When a sale is made, does bie compariy debat or credit fhe Soles Revenum account? 7. Da the compon's total revenues exced tolat expenses? Dy how much? Complete this question by entering your answers in the tabs below: September 28, 2019. Locate the "Consolidated Statements of Operations" fincome statement and *Consolidsted Balance Sheets" You. ako may find the annualicport at the compary/s wobstle. Required: Dequared: statemeats? 1. What arikont does the corppany report for accounts secelvable? What does this amount iepresene? 2. What astount does the company report for accosints puyable? What does this amocint represent? possible liablities included in this arnount? 4. What amount does the compary repoit for common stock (including addaooal pald in capita)? What does this aroount represent? 6. What amount does the compary report for net sales? When a sale is made, does bie compariy debat or credit fhe Soles Revenum account? 7. Da the compon's total revenues exced tolat expenses? Dy how much? Complete this question by entering your answers in the tabs below

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