The financial statements of Apple Inc. are presented in Appendix A. Instructions Answer the following questions using

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The financial statements of Apple Inc. are presented in Appendix A.


Instructions

Answer the following questions using the financial statements and the notes to the financial statements.

a. What were Apple’s total current assets at September 29, 2018, and September 30, 2017?

b. Are the assets included in current assets listed in the proper order? Explain.

c. How are Apple’s assets classified?

d. What were Apple’s current liabilities at September 29, 2018, and September 30, 2017?

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Survey Of Accounting

ISBN: 9781119594536

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt

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