Complete a 1,050-word summary of findings and recommendations using financial statement
Complete a 1,050-word summary of findings and recommendations from the following questions:
What were the total cost and book value of property, plant, and equipment at September 27, 2014?
Using the notes to find financial statements, what method or methods of depreciation are used by Apple for financial reporting purposes?
What was the amount of depreciation and amortization expense for each of the three years 2012-2014? (Hint: Use the statement of cash flows).
Using the statement of cash flows, what are the amounts of property, plant, and equipment purchased in 2014 and 2013?
Using the notes to the financial statements, explain in the summary how Apple accounted for its intangible assets in 2014. Use the Week 2 Excel® spreadsheet to show your work and submit with your summary.The official SEC filing of the annual report is called a Form 10‐K, which often omits the public relations pieces found in most standard annual reports. To access Apple’s Form 10‐K, including notes to the financial statements, follow these steps:
Any citation style (APA, MLA, Chicago/Turabian, Harvard)
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