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Use Apple's financial statements in Appendix A to answer the following. Required: 1. What amount of inventories did Apple report as a current asset (a)

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Use Apple's financial statements in Appendix A to answer the following. Required: 1. What amount of inventories did Apple report as a current asset (a) on September 28, 2019? (b) On September 29, 2018? 2. Inventories make up what percent of total assets (a) on September 28, 2019? (b) On September 29, 2018? 3. Assuming Apple has enough inventory to meet demand, does Apple prefer inventory to be a lower or higher percentage of total assets? 4. Compute (a) inventory turnover for fiscal year ended September 28, 2019, and (b) days' sales in inventory as of September 28, 2019. Complete this question by entering your answers in the tabs below. What amount of inventories did Apple report as a current asset (a) on September 28, 2019? (b) On September 29, 2018 ? (Enter your answers in millions.) Use Apple's financial statements in Appendix A to answer the following. Requlred: 1. What amount of inventories did Apple report as a current asset (a) on September 28, 2019? (b) On September 29. 2018? 2. Inventories make up what percent of total assets (a) on September 28, 2019? (b) On September 29, 2018? 3. Assuming Apple has enough inventory to meet demand, does Apple prefer inventory to be a lower or higher percentage of total assets? 4. Compute (a) inventory turnover for fiscal year ended September 28, 2019, and (b) days' sales in inventory as of September 28, 2019. Complete this question by entering your answers in the tabs below. Inventories make up what percent of total assets (a) on September 28, 20197 (b) On September 29, 2018? (Round your answers to 2 decimal places.) Use Apple's financial statements in Appendix A to answer the following. Required: 1. What amount of inventories did Apple report as a current asset (a) on September 28, 2019? (b) On September 29, 2018? 2. Inventories make up what percent of total assets (a) on September 28,2019 ? (b) On September 29,2018 ? 3. Assuming Apple has enough inventory to meet demand, does Apple prefer inventory to be a lower or higher percentage of total assets? 4. Compute (a) inventory turnover for fiscal year ended September 28, 2019, and (b) days' sales in inventory as of September 28.2019 Complete this question by entering your answers in the tabs below. Assuming Apple has enough inventory to meet demand, does Apple prefer inventory to be a lower or higher percentage of total assets? Does Apple preler inventory to be a lower or higher percentage of total assets? Use Apple's financial statements in Agpendix A to answer the following. Required: 1. What amount of inventories did Apple report as a current asset (a) on September 28, 2019? (b) On September 29, 2018? 2. Inventories make up what percent of total assets (a) on September 28,2019 ? (b) On September 29, 2018? 3. Assuming Apple has enough inventory to meet demand, does Apple prefer inventory to be a lower or higher percentage of total assets? 4. Compute (a) inventory tumover for fiscal year ended September 28, 2019, and (b) days' sales in inventory as of September 28, 2019. Complete this question by entering your answers in the tabs below. Compute (a) inventory tumover for fiscal year ended September 28, 2019, and (b) days' sales in inventory as of September 28,2019. . (Do not round intermediate calculations. Round your answers to 1 decimal placed) Apple Ine. CONSOLIDATED BAL.ANCE SHEETS (In millions, except number of shares which are reflected in thoucands and par value) LUBILITIES AND SHAREHOLDERS' EQUTY

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