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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? (6) On September 29, 2018? 2. Inventories make up what percent of total assets (a) on September 28, 2019? (6) 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 4. Compute (a) inventory turnover for fiscal year ended September 28, 2019, and (b) days' sales in Inventory as of September 28, 2019 assets? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What amount of inventories did Apple report as a current asset (a) on September 28, 20197 (b) on September 29, 2018? (Enter your answers in millions.) Amount in millions) (a) September 28, 2019 b) September 29, 2018 Chec 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? (On September 29, 2018? 2. Inventories make up what percent of total assets (a) on September 28, 2019? (6) 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 (0) days' sales in inventory as of September 28, 2019 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Inventories make up what percent of total assets (a) on September 28, 2019? (b) on September 29, 2018? (Found your answers to 2 decimal places.) % of Total Assets a) September 28, 2019 (b) September 29, 2018 Che 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? (6) 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 4. Compute (a) inventory turnover for fiscal year ended September 28, 2019, and (b) days' sales in inventory as of September 28, 2019 assets? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assuming Apple has enough inventory to meet demand, does Apple prefer inventory to be a lower or higher percentage of total assets? Does Apple prefer inventory to be a lower or higher percentage of total assets? 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. Required 1 Required 2 Required Required 4 Computea) inventory turnover 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 place) (a) Inventory turnover (b) Days' sales In Inventory times days

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