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The following are recent year summaries of balance sheet and income statement data (in millions) for Apple Inc. (AAPL) and Verizon Communications (VZ). Determine the
The following are recent year summaries of balance sheet and income statement data (in millions) for Apple Inc. (AAPL) and Verizon Communications (VZ). Determine the missing amounts. Enter decreases as negative amounts. Apple Verizon Year 1: Assets $78,099 296,686 x Liabilities 15,673 179,355 x Stockholders' equity 62,426 $117,331 Increase (Decrease) in assets, liabilities, and stockholders' equity during Year 2: Assets $19,876 -14,436 X Liabilities 3,806 $(15,471) Stockholders' equity 16,070 1,035 X Year 2: Assets 97,975 $311,122 Liabilities $19,479 195,146 Stockholders' equity 78,496 115,976
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