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P1.8 Economic Balance Sheet-Apple Inc.: Review Apple Inc.'s (Apple) financial statements in Exhibit P1.2 and its excess assets and valuation from P1.7. Prepare an

P1.8 Economic Balance Sheet-Apple Inc.: Review Apple Inc.'s (Apple) financial statements in Exhibit P1.2 and its excess assets and valuation from P1.7. Prepare an economic balance sheet for Apple similar to the economic balance sheet in Exhibit 1.1. Discuss potential reasons for the differences between the values on the economic balance sheet and Apple's financial statements.

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