Assignment

The financial statements of Apple, Inc.are presented in Appendix A ofFinancial Accounting. Instructions for accessing and using the company's complete annual report, including the notes to the financial statements, are also provided in Appendix A (see attached)

Completea 1, 050 word summary of findings and recommendations from the following questions:

• What were the total cost and book value of property, plant, and equipment at September 27, 2014?
• Using the notes to find financial statements, what method or methods of depreciation are used by Apple for financial reporting purposes?
• What was the amount of depreciation and amortization expense for each of the three years 2012-2014? (Hint: Use the statement of cash flows).
• Using the statement of cash flows, what are the amounts of property, plant, and equipment purchased in 2014 and 2013?
• Using the notes to the financial statements, explain in the summary how Apple accounted for its intangible assets in 2014. (jQuery20007399162075741641_1512878709046? Need to know how, please help)

Usethe Week 2 Excelspreadsheet to show your work andsubmitwith your summary (see attached - please check)

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