Use the Apple Corporation to address the following:

• Be sure to use the most recent SEC 10-k or Annual report.
• Identify the Company's current liabilities for the past two years.
• Compare the long-term debt and current portion of long-term debt for the past two years.
• Discuss some of the items found in the current liability section.
• Describe any lease obligations the Company disclosed.
• Explain what contingency liabilities are disclosed in the financial statements.
• Recommend, from the perspective of a bank, whether or not you would support this company.
• Compute the Debt ratio and Debt to Equity ratio.