Read the annual report of Apple Inc. ended at September 30,2023.(6 marks) Required: ...

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Accounting

Read the annual report of Apple Inc. ended at September 30,2023.(6 marks)
Required:
Did the value of cash and cash equivalents increase from 2022 to 2023? Do you believe an increase in cash is a good thing? (2 marks)
Did accounts receivable increase from 2022 to 2023? Do you believe an increase in accounts receivable is a good thing or a bad thing? (2 marks)
Did inventories increase from 2022 to 2023? Do you believe an increase in inventory is good or bad? (2 marks)
3Read the annual report of Apple Inc. ended at September 30,2023.(6 marks)
Required:
Did the value of cash and cash equivalents increase from 2022 to 2023? Do you believe an increase in cash is a good thing? (2 marks)
Did accounts receivable increase from 2022 to 2023? Do you believe an increase in accounts receivable is a good thing or a bad thing? (2 marks)
Did inventories increase from 2022 to 2023? Do you believe an increase in inventory is good or bad? (2 marks)
3
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