Using Apple's most recent annual report answer the following. 1. Are there any substantial...
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Accounting
Using Apple's most recent annual report answer the following.
1. Are there any substantial deviations in your companys annual report from the six sections listed in the introduction?
2. Review the most recent year-end balance sheet and report the following: a. The amount of total current assets. b. The amount of total non-current assets. c. The amount of total current liabilities. d. The amount of total non-current liabilities. e. The amount of total stockholders equity.
3. Review the most recent years income statement and report the following: a. Total (operating) revenues. b. Cost of goods sold (if listed). c. Total expenses (before income taxes). d. Any non-operating (or extraordinary) gains and losses. e. Earnings per common share.
4. Review the statement of cash flows for the most recent year and indicate the following: a. If the company used the direct or indirect method of presenting this statement. b. Net cash inflow/outflow from operating activities. c. Net cash inflow/outflow from financing activities. d. Net cash inflow/outflow from investing activities. e. Net increase/decrease in cash during the year.
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