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Using the corporation s annual financial statements and the Notes to the Financial Statements to answer the following questions related to Apple Inc For the
Using the corporations annual financial statements and the Notes to the Financial Statements to answer the following questions related to Apple Inc For the fiscal year ended September and include the page number in parentheses from where you located the answer in the Annual Report.
a How does the company describe its primary business?
b How many stores are located in the United States?
c List their most popular product lines
d Please quote from Apple Inc. Notes to the Financial Statements the paragraph about Allowance for Bad DebtsDoubtful Accountsor Legal and Other Contingencies
e What method of depreciation is used by the company?
f What inventory method is used to state the value of the company's inventory?
g What is the largest source of cash from financing activities?
h What is the largest use of cash from investing activities?
i How many shares are they authorized to sell?
j How many shares are issued?
k What major lawsuits are facing the company?
l What Accounting firm serves as the company's Independent Auditor?
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