The following are recent year summarics of balance sheet and income statemeil data (in millions) for Apple Inc. (AAPL) and Verizon Communications (VI. Apple Verizon Year 1: Assets $231,839 Liabilities Stockholdens'equity Increase (Decreasej in assets, labilities, and stockholden'equity during Year 2: Assets Liabilities (b) $ 58,640 50,832 7,808 igl 14,85 Stockholdens'equity Year 2: Asets $231,708 Liabilities $171,124 Stockholdensequity 12,298 Determine the amounts of the missing items (a) through (i).

Financial Accounting
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ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
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Chapter17: Financial Statement Analysis
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Problem 17E
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The following are recent year summeries of balance sheet and income statement data ( in millions) for Apple Inc.(AAPL) and Verizon Commucations(VZ).
The following are recent year summarics of balance sheet and income statemeil data (in
millions) for Apple Inc. (AAPL) and Verizon Communications (VI.
Apple
Verizon
Year 1:
Assets
$231,839
Liabilities
Stockholdens'equity
Increase (Decreasej in assets, labilities,
and stockholden'equity during Year 2:
Assets
Liabilities
(b)
$ 58,640
50,832
7,808
igl
14,85
Stockholdens'equity
Year 2:
Asets
$231,708
Liabilities
$171,124
Stockholdensequity
12,298
Determine the amounts of the missing items (a) through (i).
Transcribed Image Text:The following are recent year summarics of balance sheet and income statemeil data (in millions) for Apple Inc. (AAPL) and Verizon Communications (VI. Apple Verizon Year 1: Assets $231,839 Liabilities Stockholdens'equity Increase (Decreasej in assets, labilities, and stockholden'equity during Year 2: Assets Liabilities (b) $ 58,640 50,832 7,808 igl 14,85 Stockholdens'equity Year 2: Asets $231,708 Liabilities $171,124 Stockholdensequity 12,298 Determine the amounts of the missing items (a) through (i).
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