1. Using Apple’s actual 9/30/17 balance sheet to answer thisquestion, which of the following best represents Apple’s AccountingEquation?
a. $375,319,000,000 = $241,272,000,000 + $134,047,000,000
b. $128,645,000,000 = $100,814,000,000 + $27,831,000,000
c. $194,714,000,000 = $100,814,000,000 + $93,900,000,000
d. $241,272,000,000 = $107,225,000,000 + $134,047,000,000
2. Using Apple’s actual 9/30/17 balances shown in the balancesheet to answer this question, what would be the impact to theiraccounting equation if Apple took out a new $1,000,000,000 bankloan in exchange for cash?
a. Assets would decrease $1,000,000,000 and Stockholders’ equitywould decrease $1,000,000,000
b. Assets would decrease $1,000,000,000 and Liabilities wouldincrease $1,000,000,000
c. Assets would increase $1,000,000,000 and Liabilities wouldincrease $1,000,000,000
d. Assets would increase $1,000,000,000 and Stockholders’ equitywould increase $1,000,000,000
3. Using Apple’s actual 9/30/17 balances shown in the balancesheet to answer this question, what would be the new TotalLiabilities if Apple took out a new $1,000,000,000 bank loan?
a. $242,272,000,000
b. $376,319,000,000
c. $135,047,000,000
d. $100,814,000,000
