The financial statements of Apple Inc, are presented in the Reading Material folder on course ispace. Please read annual report of fiscal year 2021 of Apple's, answer the following questions. (a) What data about cash and cash equivalents are shown in the consolidated balance sheet? (1 mark) (b) In its notes to Consolidated Financial Statements, how does Apple define cash equivalents? (1 mark) (c) In management's Annual Report on Internal Control over Financial Reporting (Item 9A), what does Apple's management say about internal control? (4 marks) (d) Which inventory cost flow method does Apple use? Is it allowed that Apple change this cost flow method to another cost flow method? (5 marks) (e) Compute the percentage of gross margin to net sales for 2021, 2020, and 2019. What basic conclusion you can get from the comparison? (5 marks) The financial statements of Apple Inc, are presented in the Reading Material folder on course ispace. Please read annual report of fiscal year 2021 of Apple's, answer the following questions. (a) What data about cash and cash equivalents are shown in the consolidated balance sheet? (1 mark) (b) In its notes to Consolidated Financial Statements, how does Apple define cash equivalents? (1 mark) (c) In management's Annual Report on Internal Control over Financial Reporting (Item 9A), what does Apple's management say about internal control? (4 marks) (d) Which inventory cost flow method does Apple use? Is it allowed that Apple change this cost flow method to another cost flow method? (5 marks) (e) Compute the percentage of gross margin to net sales for 2021, 2020, and 2019. What basic conclusion you can get from the comparison