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Review Apple's Consolidated Balance Sheets below and answer the following question: How much cash and marketable securities (current and non-current) did the company have? What
Review Apple's Consolidated Balance Sheets below and answer the following question:
How much cash and marketable securities (current and non-current) did the company have? What percentage of the total asset base of the company did these balances represent?
Apple Inc. CONSOLIDATED BALANCE SHEETS In millions, except number of shares which are reflected in thousands and par value) September 26, 2020 September 28, 2019 ASSETS: Current assets: Cash and cash equivalents Marketablo securities Accounts receivable.net Inventories Vendor non-trade receivables Other current assets Total current assets 38,016 s 52.927 16.120 4,061 21,325 11.264 143.713 48,844 51,713 22,926 4,106 22,878 12,352 162,819 Non-current assets Marketable securities Property, plant and equipment, not Other non-current assets Total non-current assets Total assets 100.887 36,766 42.522 180.175 323.888 $ 105,341 37,378 32,978 175,697 338,516 $ LIABILITIES AND SHAREHOLDERS' EQUITY: 42.296 $ Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities 6.643 4.996 8.773 105,392 46.236 37.720 5.522 5.980 10.200 105.718 Non-current liabilities: Term debe Other non-current liabilities Total non-current liabilities Total abilities 98.667 54.490 153.157 258.549 91.807 50.503 142,310 248.028 Commitments and contingencies Shareholders' equity Common stock and additional paid-in capital, S0.00001 par value: 50,400,000 shares authorized: 16,976,763 and 17,772,945 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive Income (los) Total shareholders' equity Total liabilities and shareholders' equity 50.779 14.966 (406) 65,339 323.888 $ 45,174 45,898 (584) 90.488 338.516 $Step by Step Solution
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