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Use Apple's financial statements in Anpendix A to answer the following. 1. Identify the total amount of cash and cash equivalents for fiscal years ended
Use Apple's financial statements in Anpendix A to answer the following. 1. Identify the total amount of cash and cash equivalents for fiscal years ended (a) September 29, 2018, and ( b ) September 30, 2017. 2. Compute cash and cash equivalents as a percent of total current assets, total current liabilities, total shareholders' equity, and total assets at fiscal year-end for both 2018 and 2017. 3. Compute the percent change between the beginning and ending year amounts of cash and cash equivalents for fiscal years ended (a) September 29, 2018, and (b) September 30, 2017. 4. Compute the days' sales uncollected as of (a) September 29, 2018, and (b) September 30, 2017. 5. Does Apple's collection of receivables show a favorable or unfavorable change? Complete this question by entering your answers in the tabs below. Identify the total amount of cash and cash equivalents for fiscal years ended (a) September 29, 2018, and (b) September 30 , 2017. Note: Enter your answers in millions
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