Question
I am working on a project and need answers to the following questions: What is the amount of cash and cash equivalents on hand and
I am working on a project and need answers to the following questions:
What is the amount of cash and cash equivalents on hand and in bank accounts that the company has?
What amount is owed to the company from customers? (Net)
What is the total amount of liabilities that are due within one year or operating cycle?
How much did their Retained Earnings increase or decrease from the prior year? Be sure to use a comma, but no dollar sign or cents. You do not need to use parenthesis or a negative sign.
What is the gross margin?
What is the amount of selling, general and administrative expense?
Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) \begin{tabular}{|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} Net sales: \\ Produots \end{tabular}} & \multicolumn{3}{|c|}{ Years ended } \\ \hline & \begin{tabular}{c} Septomber 24. \\ 2022 \\ \end{tabular} & \begin{tabular}{c} Soptomber 25, \\ 2021 \\ \end{tabular} & \begin{tabular}{l} Septinger 25 \\ \end{tabular} \\ \hline & & & \\ \hline Services & 316,199 & 297,392 & 220,747 \\ \hline \multirow{2}{*}{ Total net salos } & 78,129 & 68,425 & 53,768 \\ \hline & 394,328 & 365,817 & 274515 \\ \hline \multicolumn{4}{|l|}{ Cost of sales: } \\ \hline Products & 201,471 & 192,266 & 151,286 \\ \hline Services & 22,075 & 20,715 & 18,273 \\ \hline Total cost of saies & 223,546 & 212,981 & 169,559 \\ \hline Groses margin & 170,702 & 152,806 & 104,856 \\ \hline \multicolumn{4}{|l|}{ Operating expenses: } \\ \hline Research and development & 26,251 & 21,914 & 18,752 \\ \hline Selling, general and administrative & 25,094 & 21,973 & 19,916 \\ \hline Total operating expenses & 51,345 & 43,887 & 38,668 \\ \hline Onorating ineoms & 112,107 & 108,349 & 66289 \\ \hline Other income/(expense), net & (334) & 258 & 803 \\ \hline Income belore provision for income taxes & 119,103 & 109,207 & 67,091 \\ \hline Provision for income taxes & 19,300 & 14,527 & 9,680 \\ \hline Net income & 99,803 & 94,680 & 57,411 \\ \hline \multicolumn{4}{|l|}{ Eaminon oer chare } \\ \hline Basic & 6.15 & 5.67 & 3.31 \\ \hline Diluted & 6.11 & 5.61 & 3.28 \\ \hline \multicolumn{4}{|l|}{ Shares used in computing earnings per share: } \\ \hline Basic & 16,215,963 & 16,701,272 & 17,352,119 \\ \hline Oituted & 16.925 .819 & 18.894910 & 17528214 \\ \hline \end{tabular} See accompanying Notes to Consolidated Financial Statements. Apple inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (in millions, except per share amounts) See accompanying Notes to Consolidated Financial Statements. Apple ine. CONSOLIDATED BALANCE SHEETS In millions, except number of shares which are reflected in thougands and par value) LABILITES AND SHAREHOLDERS' EOUITY; Sas accompanying Notes is Conochated Financial StaleinemtsStep by Step Solution
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