attached is Apples Q1 2022

Instructions Select one of your favorite brand (a large corporation) and go to its website. Browse the company's website until you find the balance sheet. Often the appropriate tab is labeled as one of the following: Investor Relations About the Company Financial Reports 10-K Report On the company's balance sheet, find the liabilities. Requirements 1. List all the company's liabilities--both current and long-term along with each amount. 2. Read the company's notes to the financial statements and include any details that help you identify the amount of a liability 3. Compute the company's debt to equity ratio. Attach a copy of the company's financials, along with your solution on a word document to get the credit. Apple Inc. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (in millions, except number of shares which are reflected in thousands and par value) December 25, 2021 September 25, 2021 ASSETS: $ Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets 37,119 26,794 30.213 5,876 35,040 18,112 153,154 34,940 27,699 26,278 6,500 25,228 14,111 134,836 Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets 138,683 39,245 50,109 228,037 381,191 127,877 39,440 48,849 216,166 351,002 $ $ LIABILITIES AND SHAREHOLDERS' EQUITY: $ $ Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities 74,362 49,167 7,876 5,000 11.169 147,574 54,763 47,493 7,612 6,000 9,613 125,481 Non-current liabilities: Term debt Other non-current liabilities Total non-current liabilities Total liabilities 106,629 55,056 161,685 309,259 109,106 53,325 162,431 287,912 Commitments and contingencies 58,424 57,365 Shareholders' equity Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized: 16,340,851 and 16,426,786 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income/tloss) Total shareholders' equity Total liabilities and shareholders' equity 14,435 (927) 71,932 381,191 5,562 163 63,090 351,002 $ $