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Obtain the 2020 annual report of Apple, Inc. from the investor relations portion of its website After reviewing the annual report, respond to the following
Obtain the 2020 annual report of Apple, Inc. from the investor relations portion of its website After reviewing the annual report, respond to the following questions:
a. On what date did Apples fiscal year end? Was this date different from the previous year? If so, why?
b. With regard to the income statment:
i. What amounts did Apple report as revenues, expenses, and net income for 2020?
ii. Do you detect any trends with regard to these items and can you offer an explanation for what you observe?
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