please answer 1-3
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA BALANCE SHEETS KASH|FLOWS STATEMENTS (In millions) Year Ended June 30, Pperations Net income Adjustments to reconcile net income to net cash from operations: Depreciation, amortization, and other Stock-based compensation expense Net recognized gains on investments and derivatives Deferred income taxes Deferred income taxes Changes in operating assets and liabilities: Accounts receivable Inventories Other current assets Other long-term assets Accounts payable Unearned revenue Income taxes Other current liabilities Other long-term liabilities Net cash from operations ancing Proceeds from issuance of debt Cash premium on debt exchange Repayments of debt Common stock issued Common stock repurchased Common stock cash dividends paid Other, net What type of opinion did the independent auditors issue on Apple's financial statements and notes to the financial statements? a. Unqualified b. Qualified c. Adverse d. Disclaimer QUESTION 3 Apple's cash and cash equivalents: a. as a percentage of total current assets increased from fiscal year-end 2020 to fiscal year-end 2021. b. as a percentage of total current assets decreased from fiscal year-end 2020 to fiscal yearend 2021. c. as a percentage of total current assets did not change from fiscal year-end 2020 to fiscal year-end 2021. d. cannot be determined Which of Apple's balance sheet accounts is increased for sales made on account (credit sales)? a. Cash. b. Accounts receivable. c. Net sales. d. Accounts payable. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA BALANCE SHEETS KASH|FLOWS STATEMENTS (In millions) Year Ended June 30, Pperations Net income Adjustments to reconcile net income to net cash from operations: Depreciation, amortization, and other Stock-based compensation expense Net recognized gains on investments and derivatives Deferred income taxes Deferred income taxes Changes in operating assets and liabilities: Accounts receivable Inventories Other current assets Other long-term assets Accounts payable Unearned revenue Income taxes Other current liabilities Other long-term liabilities Net cash from operations ancing Proceeds from issuance of debt Cash premium on debt exchange Repayments of debt Common stock issued Common stock repurchased Common stock cash dividends paid Other, net What type of opinion did the independent auditors issue on Apple's financial statements and notes to the financial statements? a. Unqualified b. Qualified c. Adverse d. Disclaimer QUESTION 3 Apple's cash and cash equivalents: a. as a percentage of total current assets increased from fiscal year-end 2020 to fiscal year-end 2021. b. as a percentage of total current assets decreased from fiscal year-end 2020 to fiscal yearend 2021. c. as a percentage of total current assets did not change from fiscal year-end 2020 to fiscal year-end 2021. d. cannot be determined Which of Apple's balance sheet accounts is increased for sales made on account (credit sales)? a. Cash. b. Accounts receivable. c. Net sales. d. Accounts payable
