FSA 8-1 Company Analysis LO A1 Refer to Apple's financial statements in Appendix A to answer the following. 1. What percent of the original cost of Apple's Property; Plant and Equipment account remains to be depreciated as of (a) September 29, 2018, and (b) September 30, 2017? Assume these assets have no salvage value and the entire account is depreciable. Hint Accumulated Depreciation is listed under "Property, Plant and Equipment" in the notes to Apple's financial statements in Appendix A. 2. Much research and development is needed to create the next iPhone. Does Apple capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? 3. Compute Apple's total asset turnover for the year ended (b) September 29, 2018, and (b) September 30, 2017. Total assets at September 24, 2016, are \$321,686 (\$ millions). 4. Using the results in part 3 , is the change in Apple's asset turnover favorable or unfavorable? Complete this question by entering your answers in the tabs below. What percent of the original cost of Apple's Property, Plant and Equipment account remains to be depreciated as of (a). September 29, 2018, and (b) September 30, 2017? Assume these assets have no salvage value and the entire account is depreciable. Hint: Accumulated Depreciation is listed under "Property, Plant and Equipment" in the notes to Apple's financial statements in Appendix A. Note: Round your answers to 1 decimal place. FSA 8-1 Company Analysis LO A1 Refer to Apples financial statements in Appendix A to answer the following. 1. What percent of the original cost of Apple's Property, Plant and Equipment account remains to be depreciated as of (a) September 29, 2018, and (b) September 30, 2017? Assume these assets have no salvage value and the entice account is depreciable. Hint: Accumulated Depreciation is listed under "Property. Plant and Equipment" in the notes to Apple's financial statements in Appendix A. 2. Much research and development is needed to create the next Phone, Does Apple capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? 3. Compute. Apple's total asset turnover for the year ended (a) September 29, 2018, and (b) September 30, 2017. Total assets at September 24, 2016, are $321,686 (\$ millions). 4. Using the results in part 3, is the change in Apple's asset turnover favorable or unfavorable? Complete this question by entering your answers In the tabs below. Much research and development is needed to create the next iPhone. Does Apple capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? FSA 8-1 Company Analysis LO A1 Refer to Apple's financial statements in Appendix A to answer the following. 1. What percent of the original cost of Apple's Property, Plant and Equipment account remains to be depreclated as of (a) September 29, 2018, and (b) September 30, 2017? Assume these assets have no salvage value and the entire account is depreciable. Hint Accumulated Depreciation is listed under "Property. Plant and Equipment" in the notes to Apple's financial statements in Appendix A. 2. Much research and development is needed to create the next iPhone. Does Apple capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? 3. Compute Apple's total asset turnover for the year ended (a) September 29, 2018, and (b) September 30, 2017. Total assets at: September 24, 2016, are \$321,686 (\$ milions). 4. Using the results in part 3, is the change in Apple's asset turnover favorable or unfavorable? Complete this question by entering your answers in the tabs below. Compute Apple's total asset turnover for the year ended (a) September 29, 2018, and (b) September 30, 2017. Total assets at September 24,2016 , are $321,686 ( $ millions), Note: Round your answers to 2 decimal places. Refer to Apple's financial statements in Appendix A to answer the following. 1. What percent of the original cost of Apple's Property; Plant and Equipment account remains to be depreciated as of (o) September 29, 2018, and (b) September 30, 2017? Assume these assets have no salvage value and the entire account is depreciable. Hint: Accumulated Depreciation is listed under "Property, Plant and Equipment" in the notes to Apple's financial statements in Appendix A. 2. Much research and development is needed to create the next iPhone. Does Apple capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? 3. Compute Apple's total asset turnover for the year ended (a) September 29, 2018, and (b) September 30, 2017. Total assets at September 24, 2016, are $321,686 ( $ millions). 4. Using the results in part 3 , is the change in Apple's asset tumover favorable or unfavorable? Complete this question by entering your answers in the tabs below. Using the results in part 3, is the change in Apple's asset turnover favorable or unfavorable? Is the change in Applo's asset turnover on a favorable or unfavorable trend
