For this week's discussion topic, you must download Apple's annual report located under course resources, and answer the following questions:

What were Apple's total current liabilities on September $24,2022?$

What was the increase$/$decrease in Apple's total current liabilities from the prior year? What does it mean in relation to the cash account for both years?

What were the components of total current liabilities on September $24,2022?$

In Apple's Note $10,$ the company explains the nature of its contingencies. Select one of the legal matters and explain how the company accounted for it$.$

Based on information contained in those financial statements, compute the following $2022$ ratios for the company:

working capital

current ratio

What conclusions concerning the relative liquidity of the company can be drawn from this data?