Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

how many information do you guys need i gave the whole question Refer to Apple's financial statements in Appendix A for the following questions. Required:

image text in transcribed
image text in transcribed
image text in transcribed
how many information do you guys need i gave the whole question
image text in transcribed
image text in transcribed
Refer to Apple's financial statements in Appendix A for the following questions. Required: 1. What amount of total abilities does Apple report for each of the fiscal years ended (6) September 28, 2019, and (b) September 29, 2. What amount of total assets does it report for each of the fiscal years ended (a) September 28, 2019, and (b) September 29, 2018? 3. Compute its debt ratio for each of the fiscal years ended (a) September 28, 2019, and (b) September 29, 2018 4. In which fiscal year did it employ more financial leverage the year ending September 28, 2019, or September 29, 2018? 2018? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 Compute its debt ratio for each of the fiscal years ended () September 28, 2019, and (b) September 29, 2018, (Round you answers to 1 decimal place.) Debt Ratio () September 28, 2010 (6) September 29, 2018 Refer to Apple's financial statements in Appendix A for the following questions. Required: 1. What amount of total liabilitles does Apple report for each of the fiscal years ended (c) September 28, 2019, and (b) September 29, 2018? 2. What amount of total assets does it report for each of the fiscal years ended (a) September 28, 2019, and (b) September 29, 2018? 3. Compute its debt ratio for each of the fiscal years ended (a) September 28, 2019, and (b) September 29, 2018, 4. In which fiscal year did it employ more financial leverage: the year ending September 28, 2019, or September 29, 2018? Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required Compute its debt ratio for each of the fiscal years ended () September 28, 2019, and (b) September 29, 2018. (Round your answers to 1 decimal place.) Debt Ratio (6) September 28, 2010 () September 20, 2018 September 29, 2018 Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 28, 2019 ASSETS Current assets Cash and cash equivalents 48,844 Marketable securities 51.713 Accounts receivable, net 22,926 Inventories 4,106 Vendor non-trade receivables 22.878 Other current assets 12,352 Total current assets 162,819 Non-current assets Marketable securities 105,341 Property, plant and equipment, net 37,378 Other non-current assets 32,978 Total non-current assets 175,697 Total assets 338.516 25.913 40,388 23,186 3.956 25,809 12,087 131,339 170.799 41,304 22,283 234,386 365,725 46,236 37.720 5,522 5,980 10.260 105.718 55,888 33,327 5,966 11.964 8,784 115,929 LIABILITIES AND SHAREHOLDERS' EQUITY 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 Commitments and contingencies Shareholders' equity Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 4,443,236 and 4,754,986 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income (loss) Total shareholders' equity Total liabilities and shareholders' equity See accompanying Notes to Consolidated Financial Statements. 91,807 50,503 142,310 248,028 93,735 48.914 142,649 258,578 45.174 45,898 (584) 90.488 338,516 40,201 70,400 03.454 107,147 365,725

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting History And The Rise Of Civilization, Volume II

Authors: Gary Giroux

1st Edition

163157793X, 9781631577932

More Books

Students also viewed these Accounting questions