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

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Accounting

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

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

Refer to Apple's financial statements and answer the followingquestions:

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 expensefor each of the three years 2013-2015?

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

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

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