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the first few pictures are Appendix A. please complete all parts. thank you Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which

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Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non-current liabilities Term debt Other non-current liabilities Total non-current liabilities Total liabilities Commitments and contingencies 'Shareholders' oquity Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 4,443,236 and 4,754,986 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income (loss) 'Total sharcholders' equity 'Total liabilities and sharcholders' equity Sce accompanying Notes to Consolidated Financial Statements. Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Farmies per share: See accounpanying Notes to Conwolideted Financial Siateaenis. Apple Inc. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME yTn nuillisan? See accompanyigg Notes 10 consoubuted F7nanceal statements: Apple Inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions) Years ended Total shareholders' equity, beginning balances Common stock and additional paid-in capital Beginning balances Common stock issued Common stock withheld related to net share settlement of equity awards Share-based compensation (2,002)6,194(1,778)5,443(1,468)4,909 Tax benefit from equity awards, including transfer pricing adjustments I Ending balances Retained earnings Accumulated other comprehensive income (loss) See accompanying Notes to Coosolidated Financial Statements. Apple Inc. See accompanying Notes to Consolidated Financial Statements. 1. What percent of the original cost of Apple's Property. Plant and Equipment account remains to be depreciated as of (a) September 28, 2019, and (b) September 29, 2018? Assume these assets have no salvage value and the entire account is depreciable. Hint: Accumulated Depreciation is listed under "Property. Plant and Equipment" in the notes to Apple's financial statements in Appendix A. 2. Much research and development are needed to create the next iPhone. Do companies capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? 3. Compute Apple's total asset turnover for the year ended (a) September 28, 2019, and (b) September 29, 2018. Total assets at September 30,2017 , are $375,319 ( $ millions). 4. Using the results in part 3 , is the change in Apple's asset turnover favorable or unfavorable? Complete this question by entering your answers in the tabs below. What percent of the original cost of Apple's Property, Plant and Equipment account remains to be depreciated as of (a) September 28, 2019, and (b) September 29, 2018? Assume these assets have no salvage value and the entire account is depreclable. Hint: Accumulated Depreciation is listed under "Property, Plant and Equipment" in the notes to Apple's financlal statements in Appendix A. (Round your answers to 1 decimal place,) 4. Using the results in part 3 , is the change in Apple's asset turnover favorable or unfavorable? Complete this dquestion by entering your answers in the tabs below. Much research and development are needed to create the next iPhone. Do companies capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? Complete this question by entering your answers in the tabs below. Compute Apple's total asset turnover for the year ended (a) September 28, 2019, and (b) September 29, 2018, Total assets at September 30,2017 , are $375,319 ( $ millions). (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Using the results in part 3 , is the change in Apple's asset turnover favorable or unfavorable? Is the change in Apple's asset tumover on a favorable or untavorable trend? Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities Non-current liabilities Term debt Other non-current liabilities Total non-current liabilities Total liabilities Commitments and contingencies 'Shareholders' oquity Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 4,443,236 and 4,754,986 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income (loss) 'Total sharcholders' equity 'Total liabilities and sharcholders' equity Sce accompanying Notes to Consolidated Financial Statements. Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Farmies per share: See accounpanying Notes to Conwolideted Financial Siateaenis. Apple Inc. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME yTn nuillisan? See accompanyigg Notes 10 consoubuted F7nanceal statements: Apple Inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions) Years ended Total shareholders' equity, beginning balances Common stock and additional paid-in capital Beginning balances Common stock issued Common stock withheld related to net share settlement of equity awards Share-based compensation (2,002)6,194(1,778)5,443(1,468)4,909 Tax benefit from equity awards, including transfer pricing adjustments I Ending balances Retained earnings Accumulated other comprehensive income (loss) See accompanying Notes to Coosolidated Financial Statements. Apple Inc. See accompanying Notes to Consolidated Financial Statements. 1. What percent of the original cost of Apple's Property. Plant and Equipment account remains to be depreciated as of (a) September 28, 2019, and (b) September 29, 2018? Assume these assets have no salvage value and the entire account is depreciable. Hint: Accumulated Depreciation is listed under "Property. Plant and Equipment" in the notes to Apple's financial statements in Appendix A. 2. Much research and development are needed to create the next iPhone. Do companies capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? 3. Compute Apple's total asset turnover for the year ended (a) September 28, 2019, and (b) September 29, 2018. Total assets at September 30,2017 , are $375,319 ( $ millions). 4. Using the results in part 3 , is the change in Apple's asset turnover favorable or unfavorable? Complete this question by entering your answers in the tabs below. What percent of the original cost of Apple's Property, Plant and Equipment account remains to be depreciated as of (a) September 28, 2019, and (b) September 29, 2018? Assume these assets have no salvage value and the entire account is depreclable. Hint: Accumulated Depreciation is listed under "Property, Plant and Equipment" in the notes to Apple's financlal statements in Appendix A. (Round your answers to 1 decimal place,) 4. Using the results in part 3 , is the change in Apple's asset turnover favorable or unfavorable? Complete this dquestion by entering your answers in the tabs below. Much research and development are needed to create the next iPhone. Do companies capitalize and amortize research and development costs over the life of the product, or are research and development costs expensed as incurred? Complete this question by entering your answers in the tabs below. Compute Apple's total asset turnover for the year ended (a) September 28, 2019, and (b) September 29, 2018, Total assets at September 30,2017 , are $375,319 ( $ millions). (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Using the results in part 3 , is the change in Apple's asset turnover favorable or unfavorable? Is the change in Apple's asset tumover on a favorable or untavorable trend

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