The financial statements of Apple are presented on Appendix D. The company's complete annual report, including the
Question:
The financial statements of Apple are presented on Appendix D. The company's complete annual report, including the notes to its financial statements, is available at investor.apple.com.
Instructions
Use the company's financial statements and notes to the financial statements to answer the following questions.
(a) What were Apple's total current liabilities at September 28, 2013? What was the increase/ decrease in Apple's total current liabilities from the prior year?
(b) How much were the accounts payable at September 28, 2013?
(c) What were the components of total current liabilities on September 28, 2013?
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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a Total current liabilities at September 28 2013 43658 million Apples total ...View the full answer
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Related Book For 
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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