AA 6-1 Company Analysis LO C2, A1 Use Apple's financial statements in Argendix. A to answer the following 1. Identify the total amount of cash and cash equivalents for fiscal years ended (a) September 28, 2019, and (b) September 29, 2018 2. Compute cash and cash equivalents as a percent of total current assets, total current liabilities, total shareholders' equity, and total assets at fiscal year-end for both 2019 and 2018 3. Compute the percent change between the beginning and ending year amounts of cash and cash equivalents for fiscal years ended () September 28, 2019, and (b) September 29, 2018 4. Compute the days' sales uncollected as of (a) September 28, 2019, and (6) September 29, 2018 5. Does Apple's collection of receivables show a favorable or unfavoroble change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Identify the total amount of cash and cash equivalents for fiscal years ended (a) September 28, 2019, and (6) September 29, 2018. (Enter your answers in millions.) Sin millions a. September 28, 2019 b. September 29, 2018 Required 2 > September 29, 2018 $ 25.913 10.388 Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 28, 2019 ASSETS Current assets Cash and cash equivalents 48,844 Marketable securities 31.213 Accounts receivable, bet 22,926 1.14 Inventories Vendor non-trade receivables 22.878 Other gumenkassets 120852 Tocal current assets 182,819 Non current assets Marketable securities 105341 Property, pland equipment.net 37.378 Other non current assets 32.978 Total non current asset 173697 Total assets 338,516 23,186 3.956 23.809 12.082 131.339 120,799 40.3044 22,283 123456 365.725 HT 37.120 3,522 5.980 10.30 105.718 35.88 33.327 5.966 1194 87 113.929 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non current liabilities Term det Other non-current built Total no current liabilities Thalliabilities Commitments and contingencies Shareholders equity Comme sock and additional dan capital. SONROE M: 12.000.000 Shares authored 4.443.236 and 4754,986 shares Issued and outsidiespectively Retired samas Accumulated other comprehensive income Total shareholders equity Tallibilities shareholders equity 9130 SO 143310 MUN 93723 4914 1425549 258.378 45124 45198 584) 904 $16 101201 70,000 154) 10714 36725 See acompanying Notes States September 30, 2017 196,534 32,700 229 234 Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (in milli exeept number of shares which are reflected in the under share Years ended September 1, 2019 September 29, 2018 Net als Predict 23.0 5 2547 Services 16.291 39,748 Total sale P260,174 255.595 Cost of sales Procida 144.996 TR154 Services 16,786 15.392 Total cost of sales 161752 163.754 Gross margin 392 101.839 Operating en Research and development 16,217 140236 Selling ceral administrative 18.245 16.703 Total operating expenses 34.462 30,941 Operating income 13930 7089 Other income (expertise, net 1.07 2005 loceme before penition for increase 5.737 72.903 Provision for income taxes 10.41 13372 Net Income 56256 59331 126337 14,711 141 DES 88,186 11.581 15.261 26.340 61.144 2.745 64.099 15.738 20151 11.97 11.19 5 $ 1201 1191 9221 Earnings per she Haie Diluted Share wied in compling caring perse: Base Diluted 5.217.242 4617834 ) 46.913 4955.372 109 So companying Notes to al Saints Apple Inc CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME fel Veurs ended September 28, 2019 Sber 29.2013 September 30, 2017 Nain.com 595315 2015 Oderchencome taries are antatu entatical enter Change is fais value of natives 115 en for et andet 1.473 Totalching in malzemesonderen 36% 95 Chape is alidli wat so Change a fare of market an Ad celadaa Total dan is dit table 10 46 Total other piccolo 275 Tocal compete income See NCFS Chapte wilampp AA16pdf X > A A A edia/Connect Production/bin/accounting/Wild FinMan Se/28773 appA A A16.pdf Vertebrates/Inverte. Q 09 MGMT 626 Chapter HW JE S @ Rea 4/17 674 5 PL PAGES dane EOA COM APPLE !! 101 o . Os Party 20 PM TOT 2021 hop on 6 & 7 8 9 AA 6-1 Company Analysis LO C2, A1 Use Apple's financial statements in Argendix. A to answer the following 1. Identify the total amount of cash and cash equivalents for fiscal years ended (a) September 28, 2019, and (b) September 29, 2018 2. Compute cash and cash equivalents as a percent of total current assets, total current liabilities, total shareholders' equity, and total assets at fiscal year-end for both 2019 and 2018 3. Compute the percent change between the beginning and ending year amounts of cash and cash equivalents for fiscal years ended () September 28, 2019, and (b) September 29, 2018 4. Compute the days' sales uncollected as of (a) September 28, 2019, and (6) September 29, 2018 5. Does Apple's collection of receivables show a favorable or unfavoroble change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Identify the total amount of cash and cash equivalents for fiscal years ended (a) September 28, 2019, and (6) September 29, 2018. (Enter your answers in millions.) Sin millions a. September 28, 2019 b. September 29, 2018 Required 2 > September 29, 2018 $ 25.913 10.388 Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 28, 2019 ASSETS Current assets Cash and cash equivalents 48,844 Marketable securities 31.213 Accounts receivable, bet 22,926 1.14 Inventories Vendor non-trade receivables 22.878 Other gumenkassets 120852 Tocal current assets 182,819 Non current assets Marketable securities 105341 Property, pland equipment.net 37.378 Other non current assets 32.978 Total non current asset 173697 Total assets 338,516 23,186 3.956 23.809 12.082 131.339 120,799 40.3044 22,283 123456 365.725 HT 37.120 3,522 5.980 10.30 105.718 35.88 33.327 5.966 1194 87 113.929 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non current liabilities Term det Other non-current built Total no current liabilities Thalliabilities Commitments and contingencies Shareholders equity Comme sock and additional dan capital. SONROE M: 12.000.000 Shares authored 4.443.236 and 4754,986 shares Issued and outsidiespectively Retired samas Accumulated other comprehensive income Total shareholders equity Tallibilities shareholders equity 9130 SO 143310 MUN 93723 4914 1425549 258.378 45124 45198 584) 904 $16 101201 70,000 154) 10714 36725 See acompanying Notes States September 30, 2017 196,534 32,700 229 234 Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (in milli exeept number of shares which are reflected in the under share Years ended September 1, 2019 September 29, 2018 Net als Predict 23.0 5 2547 Services 16.291 39,748 Total sale P260,174 255.595 Cost of sales Procida 144.996 TR154 Services 16,786 15.392 Total cost of sales 161752 163.754 Gross margin 392 101.839 Operating en Research and development 16,217 140236 Selling ceral administrative 18.245 16.703 Total operating expenses 34.462 30,941 Operating income 13930 7089 Other income (expertise, net 1.07 2005 loceme before penition for increase 5.737 72.903 Provision for income taxes 10.41 13372 Net Income 56256 59331 126337 14,711 141 DES 88,186 11.581 15.261 26.340 61.144 2.745 64.099 15.738 20151 11.97 11.19 5 $ 1201 1191 9221 Earnings per she Haie Diluted Share wied in compling caring perse: Base Diluted 5.217.242 4617834 ) 46.913 4955.372 109 So companying Notes to al Saints Apple Inc CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME fel Veurs ended September 28, 2019 Sber 29.2013 September 30, 2017 Nain.com 595315 2015 Oderchencome taries are antatu entatical enter Change is fais value of natives 115 en for et andet 1.473 Totalching in malzemesonderen 36% 95 Chape is alidli wat so Change a fare of market an Ad celadaa Total dan is dit table 10 46 Total other piccolo 275 Tocal compete income See NCFS Chapte wilampp AA16pdf X > A A A edia/Connect Production/bin/accounting/Wild FinMan Se/28773 appA A A16.pdf Vertebrates/Inverte. Q 09 MGMT 626 Chapter HW JE S @ Rea 4/17 674 5 PL PAGES dane EOA COM APPLE !! 101 o . Os Party 20 PM TOT 2021 hop on 6 & 7 8 9