what amount of inventories did apple report as a current asset on september 24, 2017? and september 26,2016?
Check my work 6 AA 5-1 Company Analysis LO C2, A3 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 24, 2017? (b) On September 26, 2016? 2. Inventories make up what percent of total assets (a) on September 24, 2017? (b) On September 26, 2016? 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 24, 2017, and (b) days' sales in inventory as of September 24, 2017 nts eBook Print References 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 24, 2017? (b) On September 26, 20167 Amount (a) September 24, 2017 (b) September 26, 2016 Required 2 Ch 05 Homework Saved Help Save & Exit Submit 6 Check my work AA 5-1 Company Analysis LO C2, A3 Use Apple's financial statements in Appendix A to answer the following. 2 points Required: 1. What amount of inventories did Apple report as a current asset (a) on September 24, 2017? (b) On September 26, 2016? 2. Inventories make up what percent of total assets (a) on September 24, 2017? (b) On September 26, 2016? 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 24, 2017, and (b) days' sales in inventory as of September 24, 2017 eBook Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Inventories make up what percent answers to 2 decimal places.) total assets (a) on September 24, 20177 (b) On September 26, 2016? (Round your Total Assets (a) September 24, 2017 (b) September 26, 2016 % % Required 3 Required 1 AA 5-1 Company Analysis LO C2, A3 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 24, 2017? (b) On Septembe 2. Inventories make up what percent of total assets (a) on September 24, 2017? (b) On September 26, 2016? 3. Assuming Apple has enough inventory to meet demand, does Apple prefer inventory to be a lower or highe assets? 4. Compute (a) inventory turnover for fiscal year ended September 24, 2017, and (b) days' sales in inventory as ok nt nces Complete this question by entering your answers in the tabs below. Required 2 Required 1 Required 3 Required 4 Compute (a) inventory turnover for fiscal year ended September 24, 2017, and (b) days' sales in inventory as of Sep 24, 2017. (Round "Inventory turnover" to1 decimal place and "Days' sales in inventory" to 2 decimal places.) + times (a) Inventory turnover (b) Days' sales in inventory days
