Resources:Financial Accounting: Tools for Business Decision Making

Note: The financial statements of Apple, Inc.are presented in Appendix A ofFinancial Accounting. Instructions for accessing and using the company's complete annual report, including the notes to the financial statements, are also provided in Appendix A.

What were the total cost and book value of property, plant, and equipment at September 27, 2014?

Using the notes to find financial statements, what method or methods of depreciation are used by Apple for financial reporting purposes?What was the amount of depreciation and amortization expense for each of the three years 2012-2014? (Hint: Use the statement of cash flows).Using the statement of cash flows, what are the amounts of property, plant, and equipment purchased in 2014 and 2013?Usingthenotestothefinancialstatements,explaininthesummaryhowAppleaccountedforitsintangibleassetsin2014.The essay will have the following two section headings: Property, Plant, and Equipment; Depreciation Method; Depreciation and Amortization Expense; and Intangible Assets. The questions above arenotto be used as section headings