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Financial Accounting 10th Edition, Weygandt - Problem CT9-1 The financial statements of Apple Inc. are presented...

Financial Accounting 10th Edition, Weygandt - Problem CT9-1

The financial statements of Apple Inc. are presented in Appendix A. Instructions for accessing and using the company's complete annual report, including the notes to the financial statements, are also provided in Appendix A.

Refer to Apple's financial statements and answer the following questions:

a) What was the total cost and book value of property, plant, and equipment at September 26, 2015?

b) What was the amount of depreciation and amortization expense for each of the three years 2013-2015?

c) Using the statement of cash flows, what is the amount of capital spending in 2015 and 2014? (Ignore business acquisitions and intangible assets)

d) Where does the company disclose its intangible assets, and what types of intangibles did it have at September 26, 2015?

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ekkarill92 answered 7 months ago
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