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The financial statements of Apple Inc. are presented in Appendix A. Click here to view Appendix A. Refer to Apple's financial statements and answer the
The financial statements of Apple Inc. are presented in Appendix A. Click here to view Appendix A. Refer to Apple's financial statements and answer the following questions. (a) Your answer is incorrect. What were Apple's total assets at September 26, 2020? At September 28, 2019? (Enter answers in millions.) ADDITIONAL QUESTIONS What are the methods of depreciation are used by Apple for financial reporting purposes:? What Amount of depreciation and amortization expense for each of the three years? What are the amounts of property, plant and equipment purchased in 2020, 2019 and 2018? What is the accounting of intangible assets in 2020, 2019 and 2018? Appendix A Specimen Financial Statements: Apple Inc. corporation's accounting system. portions of the annual report: - Financial Highlights - Letter to the Stockholders - Management's Discussion and Analysis - Financial Statements - Notes to the Financial Statements - Management's Responsibility for Financial Reporting - Management's Report on Internal Control over Financial Reporting - Report of Independent Registered Public Accounting Firm - Selected Financial Data statements taken from the company's 2020 Form 10K. The complete Form 10K, including notes to the financial statements, is available at the company's website. Cost of sales: See accompanying Notes to Consolidated rinancial Statements. Annle Inc. See accompanying Notes to Consolidated Financial Statements. Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions excent number of shares which are reflected in thousands and nar vale) LIABILITIES AND SHAREHOLDERS' EQUITY: Apple Inc. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Payments made in connection with business acquisitions, net (1,524) (624) (721) See accompanying Notes to Consolidated Financial Statements
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