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Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Help
8
Skipped
Ask
Refer to Apple's financial statements in Appendix A for the following questions.
Required:
1. What amount of total liabilities does Apple report for each of the fiscal years ended (a) September 28, 2019, and (b) September
29, 2018?
2. What amount of total assets does it report for each of the fiscal years ended (a) September 28, 2019, and (b) September 29,
2018?
3. Compute its debt ratio for each of the fiscal years ended (a) September 28, 2019, and (b) September 29, 2018.
4. In which fiscal year did it employ more financial leverage: September 28, 2019, or September 29, 2018?
Complete this question by entering your answers in the tabs below.
Mc
Graw
Hill
Required 1 Required 2
Required 3 Required 4
What amount of total liabilities does Apple report for each of the fiscal years ended (a) September 28, 2019, and (b)
September 29, 2018?
Note: Enter your answers in millions of dollars.
Total Liabilities
(a) September 28, 2019
(b) September 29, 2018
< Required 1
Required 2 >
JUN
5
< Prev
8 of 13
Next >
tv♫
PO
Aa"
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M Question 8-Mid-Term Exam
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Mid-Term Exami
Saved
Help
8
Skipped
Ask
Refer to Apple's financial statements in Appendix A for the following questions.
Required:
1. What amount of total liabilities does Apple report for each of the fiscal years ended (a) September 28, 2019, and (b) September
29, 2018?
2. What amount of total assets does it report for each of the fiscal years ended (a) September 28, 2019, and (b) September 29,
2018?
3. Compute its debt ratio for each of the fiscal years ended (a) September 28, 2019, and (b) September 29, 2018.
4. In which fiscal year did it employ more financial leverage: September 28, 2019, or September 29, 2018?
Complete this question by entering your answers in the tabs below.
Mc
Graw
Hill
Required 1 Required 2
Required 3 Required 4
What amount of total liabilities does Apple report for each of the fiscal years ended (a) September 28, 2019, and (b)
September 29, 2018?
Note: Enter your answers in millions of dollars.
Total Liabilities
(a) September 28, 2019
(b) September 29, 2018
< Required 1
Required 2 >
JUN
5
< Prev
8 of 13
Next >
tv♫
PO
Aa
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