Using the "ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September26, 2020" or Apple 10-K (public information) please respond:

1.Provide details about Apple's leverage and comment on factors that influence a credit analysis of Apple as of September 26, 2020. (Use any ratios or other appropriate information)

2.What is the single largest type of asset on the balance sheet?

3.Provide details about assess Apples 2020 cash flow statement, (only the most salient components). Also evaluate the company's liquidity and ability to manage cash efficiently.

4.What is the change in R&D expense from 2019 to 2020? What is this change driven by?

5.Provide details about Apple's 2020 profitability.(Use any ratios and other financial appropriate information)

6.What is the book value of equity at September 26, 2020?