Question Details

(Solved by Expert Tutors) Purpose of Assignment?The purpose of this assignm


Purpose of Assignment?

The purpose of this assignment is to help you understand the basics

of financial statement analysis related to the assets section of the balance sheet, data interpretation, and how financial information is obtained to understand how a company accounts for its long-lived assets.?

Assignment Steps?

Resources:?Financial Accounting: Tools for Business Decision Making?

Note: The financial statements of Apple, Inc.?are presented in Appendix A of?Financial Accounting. Instructions for accessing and using the company's complete annual report, including the notes to the financial statements, are also provided in Appendix A.?

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.

Click?the Assignment Files tab to submit your assignment.

 


Solution details:

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Apr 19, 2020

EXPERT

Tutor

ANSWER RATING

YES, THIS IS LEGAL

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.

Order Now