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need help with the following The financial statements of Apple Inc. are presented in Appendix A. Click here to view Appendix A. Answer the following

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The financial statements of Apple Inc. are presented in Appendix A. Click here to view Appendix A. Answer the following questions using the financial statements and the notes to the financial statements. What were Apple's total current assets at September 30, 2017, and September 24, 2016? (Enter answers in millions.) Total current assets September 30, 2017 $ September 24, 2016 $ e Textbook and Media What were Apple's current liabilities at September 30, 2017, and September 24, 2016? (Enter answers in millions.) Total current liabilities September 30, 2017 $ September 24, 2016 $ Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Years ended September 24, 2016 215.630$ 131,378 September 30, 2017 229,234 $ 141,048 88,186 Nel sales Cost of sales Gross margin September 26, 2015 233,715 140.080 93.625 84.263 Operating expenses: Research and development Seling, general and administrative Total operating expenses 11,581 15,261 28,842 10.045 14,194 24 239 8.067 14.329 22,396 71.230 Operating income Other income (expense), net Income before provision for income taxes Provision for income taxes Not income 61,344 2,745 64,009 15.738 48,351 60.024 1348 61,372 15,685 45,687 72,515 19.121 53.394 Earnings per share Basic Diluted s 9.275 9.21 $ 8.35 8.31 S 922 Shares used in computing eamings per share: Basic Diluted 5.217.242 5,251,892 5.470 820 5.500 281 5.753,421 5.790.00 Cash dividends declared per share $ 2.40 $ 2.18 1.98 See accompanying Notes to Consolidated Financial Statements Apple Inc. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME in milions) September 30, 2017 48,351 Years ended September 24, 2016 45,687 September 20, 2015 53,194 $ Net income Other comprehensive income foss): Change in foreign currency translation, not of tax effects of $177). S8 and 5201, respectively 224 75 (411) 1.315 7 2,905 Change in unrealized gains losses on derivative instruments: Change in fair value of derivatives, net of tax benefit (expense) of (478). $(7) and $1441), respectively Adjustment for net(gainslosses realized and included in net income, net of tax expense benefit of $475, $131 and 5630, respectively Total change in unrealized gains losses on derivative Instruments, net of tax (3.497) (1477) (162) (741) (734) (582) (782) (483) Change in unrealized gains fosses on marketable securities Change in tair value of marketable securities, net of tax benefit (expense of $425 $1853) and $264, respectively Adjustment for net gains Mosses realized and included in net income, net of tax expense benefit of $35, 8(31) and (32), respectively Total change in unrealized gainstosses on marketable securities, net of tax 59 56 1,638 (8461 (424) Total other comprehensive income loss) Total comprehensive income (784) 47,567 (1.427) 51,967 $ 46,666 See accompanying Notes to Consolidated Financial Statements Annie In CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 30, 2017 September 24, , 2016 ASSETS: $ Current assets: Cash and cash equivalents Short-term marketable securities Accounts receivable, less allowances of $58 and $53, respectively Inventories Vendor non-trade receivables Other current assets Total current assets 20,289 $ 53,892 17,874 4,855 17.799 13,936 128,645 20,484 46,671 15.754 2,132 13,545 8,283 106,869 Long-term marketable securities Property, plant and equipment, net Goodwill Acquired intangible assets, net Other non-current assets Total assets 194.714 33,783 5,717 2,298 10,162 375,319 $ 170,430 27,010 5,414 3,206 8,757 $ 321,686 LIABILITIES AND SHAREHOLDERS' EQUITY: $ $ Current liabilities: : Accounts payable Accrued expenses Deferred revenue Commercial paper Current portion of long-term debt Total current liabilities 49,049 25.744 7,548 11,977 6,496 100,814 37.294 22,027 8,080 8,105 3,500 79,006 Deferred revenue, non-current Long-term debt Other non-current liabilities Total liabilities 2,836 97,207 40,415 241.272 2,930 75,427 36,074 193,437 Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 5,126,201 and 5,336,166 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income (loss) Total shareholders' equity Total liabilities and shareholders' equity 35.867 98,330 (150) 134,047 31.251 96,364 634 128,249 321,686 $ 375,319 Not ial Statement Common Stock and Additional Paid-In Capital Shares Amount 5,866,161 23,313 Retained Earnings 87,152 53,394 Accumulated Other Comprehensive Income/(Loss) 1,082 Total Shareholders Equity 111,547 53,394 (1,427) (11,627) (36,026) 3,586 (1,427) (11,627) (36,026) (325,032) 3,586 37,624 (231) (609) (840) 748 5,578,753 27,416 (345) 92,284 45,687 748 119,355 45,687 979 979 (12,188) (29,000) (279,609) Balances as of September 27, 2014 Net income Other comprehensive income/(loss) Dividends and dividend equivalents declared Repurchase of common stock Share-based compensation Common stock issued, net of shares withheld for employee taxes Tax benefit from equity awards, including transfer pricing adjustments Balances as of September 26, 2015 Net income Other comprehensive income/(loss) Dividends and dividend equivalents declared Repurchase of common stock Share-based compensation Common stock issued, net of shares withheld for employee taxes Tax benefit from equity awards, including transfer pricing adjustments Balances as of September 24, 2016 Net income Other comprehensive income/loss) Dividends and dividend equivalents declared Repurchase of common stock Share-based compensation Common stock issued, net of shares withheld for employee taxes Tax benefit from equity awards, including transfer pricing adjustments Balances as of September 30, 2017 (12,188) (29,000) 4,262 4,262 37,022 (806) (419) (1,225) 379 31,251 5,336,166 96,364 634 379 128,249 48,351 (784) 48,351 (784) (12,803) (33,001) (246,496) (12,803) (33,001) 4,909 4,909 36,531 (913) (581) (1,494) 620 620 134,047 5,126,201 35,867 $ 98,330 $ (150) See accompanying Notes to Consolidated Financial Statements. Apple Inc. See accompanying Notes to Consolidated Financial Statements. Apple Inc. CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) Years ended September 24, 2016 21,120 September 26, 2015 13.844 S s 45,687 53,394 10,506 4,210 4,938 11.257 3,586 1.382 385 486 527 417 217 (51) 1.055 (238) (3,735) (283) 5,001 1,042 1,837 (1,554) (2.033) 65,824 9,068 81.266 September 30, 2017 Cash and cash equivalents, beginning of the year $ 20.484 Operating activities: Net income 48.351 Adjustments to reconcile net income to cash generated by operating activities: : Depreciation and amortization 10.157 Share-based compensation expense 4,840 Deferred income tax expense 5,966 Other (166) Changes in operating assets and liabilities: Accounts receivable.net (2093) Inventories (2.723) Vendor non-trade receivables (4.254) Other current and non-current assets (5.318) Accounts payable 9.618 Deferred revenue (526) Other current and non-current liabilities (154) Cash generated by operating activities 63,598 Investing activities Purchases of marketable securities (159.406) Proceeds from maturities of marketable securities 31,775 Proceeds from sales of marketable securities 94.564 Payments made in connection with business acquisitions, net (329) Payments for acquisition of property, plant and equipment (12.451) Payments for acquisition of intangible assets (344) Payments for strategic investments, net (395) Other 220 Cash used in investing activities (46,446) Financing activities Proceeds from issuance of common stock 555 Excess tax benefits from equity awards 627 Payments for taxes related to net share settlement of equity awards (1.874) Payments for dividends and dividend equivalents (12,769) Repurchases of common stock (32.900) Proceeds from issuance of term debt.net 28.662 Repayments of term debt (3.500) Change in commercial paper, net 3.852 Cash used in financing activities (17.347) Increase/(Decrease) in cash and cash equivalents (195) Cash and cash equivalents, and of the year $ 20.289 Supplemental cash flow disclosure Cash paid for income taxes, net $ 11.591 Cash paid for interest 2,092 See accompanying Notes to Consolidated Financial Statements. (142,428) 21,258 90.536 (297) (12.734) (814 (1,388 (166,402) 14.50 107,447 (343) (11.247) (241) (110) (45.977) (26) (56.274) 543 495 407 (1,570) (12,150) 749 (1,499) (11,561) ( (35.253) 27.114 (29,722) 24,954 (2,500) (397) (20.483) (636) 20,484 2,191 (17.716) 7.276 21.120 $ S 10,444 1,316 S s $ 13,252 514 $

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