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Use Apple's financial statements in Appendix A to answer the following. Identify Apple's long-term debt as reported on its balance sheet at (a) September 28,
Use Apple's financial statements in Appendix A to answer the following. Identify Apple's long-term debt as reported on its balance sheet at (a) September 28, 2019, and (b) September 29,2018. Calculate the percentage change in long-term debt from September 29, 2018, to September 28, 2019. If Apple's reported long-term debt continues on the current trend, do we expect total interest expense to increase or decrease? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Identify Apple's long-term debt as reported on its balance sheet at (a) September 28, 2019, and (b) September 29, 2018. Note: Enter your answers in millions of dollars. September 28 , 2019 September 25, 2018 Long-term debt
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