Complete a common-size Balance Sheet for Apple for the last 5 years in the Excel spreadsheets provided. help https://www.sec.gov/edgar/search-and-access apples 10k report

these are ones provided

-What are Apples' main assets?  Which asset is the most important to Apple?   

-Look at the notes and explain the accounting methods used to value assets.  Please note any significant changes in assets over the last four years. 

-Are there deferred tax assets and liabilities included on Apple's balance sheet?  Under which classification (s) are deferred taxes found?  What temporary differences caused the creation of the deferred tax accounts? 

-How might the European Commission State Aid Decision affect Apple? 

-What equity accounts are included on the balance sheet? 

-What method of inventory is Apple using? 

-Does Apple have leases?  If so, what types of leases does Apple have? 

 

CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands, $ in Millions Sep. 30, 2023 Sep. 24, 2022 Sep. 25, 2021 Sep. 26, 2020 Sep. 28, 2019 Current assets: Cash and cash equivalents Marketable securities $ 29,965 31,590 $ 23,646 $ 34,940 $ 38,016 $ 48,844 24,658 27,699 52,927 51,713 Accounts receivable, net 29,508 28,184 26,278 16,120 22,926 Vendor non-trade receivables Inventories Other current assets 31,477 32,748 6,580 4,061 4,106 6,331 4,946 25,228 21,325 22,878 14,695 21,223 14,111 11,264 12,352 Total current assets 143,566 135,405 134,836 143,713 162,819 Non-current assets: Marketable securities 100,544 120,805 127,877 100,887 105,341 Property, plant and equipment, net 43,715 42,117 39,440 36,766 37,378 Other non-current assets 64,758 54,428 48,849 42,522 32,978 Total non-current assets Total assets Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non-current liabilities: Term debt Other non-current liabilities Total non-current liabilities Total liabilities 209,017 217,350 216,166 180,175 175,697 352,583 352,755 351,002 323,888 338,516 62,611 64,115 54,763 42,296 46,236 58,829 60,845 47,493 42,684 37,720 8,061 7,912 7,612 6,643 5,522 5,985 9,982 6,000 4,996 5,980 9,822 11,128 9,613 8,773 10,260 145,308 153,982 125,481 105,392 105,718 95,281 98,959 109,106 98,667 91,807 49,848 49,142 53,325 54,490 50,503 145,129 148,101 162,431 153,157 142,310 290,437 302,083 287,912 258,549 248,028 Commitments and contingencies Common stock, shares outstanding (in shares) Common stock, shares issued (in shares) 15,550,061 15,550,061 15,943,425 16,426,786,000 16,976,763,000 4,443,236,000 15,943,425 16,426,786,000 16,976,763,000 4,443,236,000 Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,550,061 and 15,943,425 shares issued and outstanding, respectively $ 73,812 $ 64,849 57,365 50,779 45,174 Accumulated deficit (214) Accumulated other comprehensive loss (11,452) Total shareholders' equity 62,146 (3,068) (11,109) 50,672 5,562 14,966 45,898 163 63,090 Total liabilities and shareholders' equity $352,583 $352,755 $ 351,002 (406) 65,339 $323,888 (584) 90,488 $ 338,516