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In: Economics

Apple annual reports—Identify fixed and variable costs Find and review the Apple's income statement in its...

Apple annual reports—Identify fixed and variable costs Find and review the Apple's income statement in its annual report and classify the nonrevenue items as either fixed or variable costs. Are all costs clearly identifiable as either fixed or variable? What item would be considered accounting profit? Would economic profit be higher or lower than this accounting profit?

Please Type anwser do not hand write. Thank you very much.

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Expert Solution

Indicate by means of check mark if the registrant is a well-known pro supplier, as outlined in Rule 405 of the Securities Act.
Yes x No ¨
point out by check mark if the registrant isn't required to file reports pursuant to section 13 or part 15(d) of the Act.
Yes ¨ No x
point out via investigate mark whether or not the registrant (1) has filed all reports required to be filed by using section thirteen or 15(d) of the Securities trade Act of 1934 in the course of the preceding twelve months (or for such shorter period that the registrant used to be required to file such reports), and (2) has been subject to such filing necessities for the prior 90 days.
Yes x No ¨
indicate by check mark whether the registrant has submitted electronically and posted on its company web site, if any, every Interactive information File required to be submitted and posted pursuant to Rule 405 of legislation S-T (§232.405 of this chapter) for the duration of the previous 365 days (or for such shorter interval that the registrant was required to post and put up such documents).
Sure x No ¨
indicate via examine mark if disclosure of delinquent filers pursuant to item 405 of regulation S-okay (§229.405 of this chapter) isn't contained herein, and may not be contained, to the nice of the registrantâs abilities, in definitive proxy or knowledge statements included by means of reference in part III of this type 10-okay or any amendment to this way 10-okay. X
point out with the aid of determine mark whether or not the registrant is a giant accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting corporation. See the definitions of significant accelerated filer,accelerated filer and smaller reporting company in Rule 12b-2 of the alternate Act.
Dicate by way of assess mark whether or not the registrant is a shell enterprise (as outlined in Rule 12b-2 of the Act).
Sure ¨ No x
the combination market value of the vote casting and non-vote casting stock held by using non-affiliates of the registrant, as of March 28, 2014, the final business day of the registrants most just lately accomplished 2nd fiscal quarter, used to be roughly $462,522,000,000. Completely for functions of this disclosure, shares of original inventory held by way of government officers and directors of the registrant as of such date had been excluded when you consider that such people may be deemed to be affiliates. This resolution of executive officers and administrators as associates isn't always a conclusive decision for another functions.


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