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APPLE INC BALANCE SHEET WITH HORIZONTAL ANALYSIS DECEMBER 25TH 2021 amount in $ first quarter Second quarter 25-Dec-21 25-Sep-21 june 26,20 26-Sep-20 ASSETS Current assets Cash and cash equivalents 37119 34940 34050 38016 Market securities 26794 27699 27646 52927 Accounts receivable,net 30213 26278 17475 16120 Inventories 5876 6580 5178 4061 Vendor non trade receivables 35040 25228 16433 21325 Other current assets 18112 14111 13641 11264 Total current assets 153154 134836 114423 143713 Non current assets Marketable securities Property,plant and equipment, net 138683 127877 131948 100887 39245 39440 38615 36766 Other non current assers 50109 48849 44854 42522 Total non current assets Total assets 228037 216166 215417 180175 381191 351002 329840 323888 LIABILITIES AND STAKEHOLDERS EQUITY LIABILITIES AND STAKEHOLDERS EQUITY Current liabilities Acoounts payable 74362 54763 40409 42296 32066 75.8133 Other current liabilities 49167 47493 43625 42684 6483 15.1884 Deffered revenue 7876 7612 7681 6643 1233 18.5609 Commercial paper 5000 6000 8000 4996 0.08006 Term debt 11169 9613 8039 8773 2396 27.3111 Total current liabilities 147574 125481 107754 105392 42182 40.0239 Non current liabilities Term debt 106629 109106 105752 98667 7962 8.06957 Other non current liabilities 55056 53325 52054 54490 566 1.03872 Total non current liabilities 161685 162431 157806 153157 8528 5.56814 Total liabilities 309259 287912 265560 258549 50710 19.6133 SHAREHOLDERS EQUITY Common stpck 58424 57365 54989 50779 7645 15.0554 Retained earnings 14435 5562 9233 14996 -561 -3.741 Accumulated other comprehensive income -927 163 58 -406 -521 128.325 Total shareholdersequity 71932 63090 64280 65369 6563 10.0399 Total liabilities and shareholders equity 381191 351002 329840 323918 57273 17.6813

APPLE INC BALANCE SHEET WITH HORIZONTAL ANALYSIS DECEMBER 25TH 2021 amount in $ first quarter Second quarter 25-Dec-21 25-Sep-21 june 26,20 26-Sep-20 ASSETS Current assets Cash and cash equivalents 37119 34940 34050 38016 Market securities 26794 27699 27646 52927 Accounts receivable,net 30213 26278 17475 16120 Inventories 5876 6580 5178 4061 Vendor non trade receivables 35040 25228 16433 21325 Other current assets 18112 14111 13641 11264 Total current assets 153154 134836 114423 143713 Non current assets Marketable securities Property,plant and equipment, net 138683 127877 131948 100887 39245 39440 38615 36766 Other non current assers 50109 48849 44854 42522 Total non current assets Total assets 228037 216166 215417 180175 381191 351002 329840 323888 LIABILITIES AND STAKEHOLDERS EQUITY LIABILITIES AND STAKEHOLDERS EQUITY Current liabilities Acoounts payable 74362 54763 40409 42296 32066 75.8133 Other current liabilities 49167 47493 43625 42684 6483 15.1884 Deffered revenue 7876 7612 7681 6643 1233 18.5609 Commercial paper 5000 6000 8000 4996 0.08006 Term debt 11169 9613 8039 8773 2396 27.3111 Total current liabilities 147574 125481 107754 105392 42182 40.0239 Non current liabilities Term debt 106629 109106 105752 98667 7962 8.06957 Other non current liabilities 55056 53325 52054 54490 566 1.03872 Total non current liabilities 161685 162431 157806 153157 8528 5.56814 Total liabilities 309259 287912 265560 258549 50710 19.6133 SHAREHOLDERS EQUITY Common stpck 58424 57365 54989 50779 7645 15.0554 Retained earnings 14435 5562 9233 14996 -561 -3.741 Accumulated other comprehensive income -927 163 58 -406 -521 128.325 Total shareholdersequity 71932 63090 64280 65369 6563 10.0399 Total liabilities and shareholders equity 381191 351002 329840 323918 57273 17.6813

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Perform a solvency analysis for the two quotas

APPLE INC BALANCE SHEET WITH HORIZONTAL ANALYSIS DECEMBER 25TH 2021 amount in $ first quarter Second quarter 25-Dec-21 25-Sep-21 june 26,20 26-Sep-20 ASSETS Current assets Cash and cash equivalents 37119 34940 34050 38016 Market securities 26794 27699 27646 52927 Accounts receivable,net 30213 26278 17475 16120 Inventories 5876 6580 5178 4061 Vendor non trade receivables 35040 25228 16433 21325 Other current assets 18112 14111 13641 11264 Total current assets 153154 134836 114423 143713 Non current assets Marketable securities Property,plant and equipment, net 138683 127877 131948 100887 39245 39440 38615 36766 Other non current assers 50109 48849 44854 42522 Total non current assets Total assets 228037 216166 215417 180175 381191 351002 329840 323888 LIABILITIES AND STAKEHOLDERS EQUITY
Transcribed Image Text:APPLE INC BALANCE SHEET WITH HORIZONTAL ANALYSIS DECEMBER 25TH 2021 amount in $ first quarter Second quarter 25-Dec-21 25-Sep-21 june 26,20 26-Sep-20 ASSETS Current assets Cash and cash equivalents 37119 34940 34050 38016 Market securities 26794 27699 27646 52927 Accounts receivable,net 30213 26278 17475 16120 Inventories 5876 6580 5178 4061 Vendor non trade receivables 35040 25228 16433 21325 Other current assets 18112 14111 13641 11264 Total current assets 153154 134836 114423 143713 Non current assets Marketable securities Property,plant and equipment, net 138683 127877 131948 100887 39245 39440 38615 36766 Other non current assers 50109 48849 44854 42522 Total non current assets Total assets 228037 216166 215417 180175 381191 351002 329840 323888 LIABILITIES AND STAKEHOLDERS EQUITY
LIABILITIES AND STAKEHOLDERS EQUITY Current liabilities Acoounts payable 74362 54763 40409 42296 32066 75.8133 Other current liabilities 49167 47493 43625 42684 6483 15.1884 Deffered revenue 7876 7612 7681 6643 1233 18.5609 Commercial paper 5000 6000 8000 4996 0.08006 Term debt 11169 9613 8039 8773 2396 27.3111 Total current liabilities 147574 125481 107754 105392 42182 40.0239 Non current liabilities Term debt 106629 109106 105752 98667 7962 8.06957 Other non current liabilities 55056 53325 52054 54490 566 1.03872 Total non current liabilities 161685 162431 157806 153157 8528 5.56814 Total liabilities 309259 287912 265560 258549 50710 19.6133 SHAREHOLDERS EQUITY Common stpck 58424 57365 54989 50779 7645 15.0554 Retained earnings 14435 5562 9233 14996 -561 -3.741 Accumulated other comprehensive income -927 163 58 -406 -521 128.325 Total shareholdersequity 71932 63090 64280 65369 6563 10.0399 Total liabilities and shareholders equity 381191 351002 329840 323918 57273 17.6813
Transcribed Image Text:LIABILITIES AND STAKEHOLDERS EQUITY Current liabilities Acoounts payable 74362 54763 40409 42296 32066 75.8133 Other current liabilities 49167 47493 43625 42684 6483 15.1884 Deffered revenue 7876 7612 7681 6643 1233 18.5609 Commercial paper 5000 6000 8000 4996 0.08006 Term debt 11169 9613 8039 8773 2396 27.3111 Total current liabilities 147574 125481 107754 105392 42182 40.0239 Non current liabilities Term debt 106629 109106 105752 98667 7962 8.06957 Other non current liabilities 55056 53325 52054 54490 566 1.03872 Total non current liabilities 161685 162431 157806 153157 8528 5.56814 Total liabilities 309259 287912 265560 258549 50710 19.6133 SHAREHOLDERS EQUITY Common stpck 58424 57365 54989 50779 7645 15.0554 Retained earnings 14435 5562 9233 14996 -561 -3.741 Accumulated other comprehensive income -927 163 58 -406 -521 128.325 Total shareholdersequity 71932 63090 64280 65369 6563 10.0399 Total liabilities and shareholders equity 381191 351002 329840 323918 57273 17.6813
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