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Use Apple's financial statements in Appenclix A to answer the following. 1. What is the amount of Apple's accounts recelvable as of September 28, 2019?

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Use Apple's financial statements in Appenclix A to answer the following. 1. What is the amount of Apple's accounts recelvable as of September 28, 2019? 2. Compute Apple's accounts recelvable turnover as of September 28, 2019. 3. Apple's most liquid assets include (a) cash and cash equivalents, (b) marketable securities (current). (c) accounts receivable, and ( ) inventory. Compute the percentage that these liquid assets (in total) make up of current liabilities as of September 28, 2019, and as of September 29, 2018. 4. Did Apple's liquid assets as a percentage of current liabilities improve or worsen as of its fiscal 2019 year-end compared to its fiscal 2018 year-end? Complete this question by entering your answers in the tabs below. Compute Apple's accounts receivable turnover as of September 28, 2019. (Round your answer to 1 decimal place.) CONSOLIDATED BALANCE SHEETS (In miltions, except monber of shares which are reflected in ibowiands and par value) Apple Inc. CONSOI.IDATED STATEMENTS OF OPERATIONS (In witlions, eccept number of shares whoch are reflected in thousands and per share amounts) Years ended Net sales: Coss of sales Eaminga per thare. Apple tinc CONSOL.IDATED STATEMENTS OF COMPREAENSIVE INCOME Apple Inc. Vears ended Cash, cash equivalents and rettricted cash, beginning balances (In millions) Operating activitics Net incume Adjuitments to recoecile net incoene to cazh generated by operating activitics: Depreciation and amortization Share bosed compenction expense Deferred iscome tax expense (benefii) Okher Changes it operatiog assets and liakilities

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