• April 7th, 2016

Refer annual report and answer the question

Paper, Order, or Assignment Requirements
Refer to the latest Apple Inc. Annual Report for the year ending September 26, 2015, available on
Apple’s website via following link:
Answer the following questions.
A. State the accounting equation for Apple in dollar figures at the end of the reporting period for the
end and beginning of the last reporting year. Comment on what this reveals about Apple’s
financing policy.
B. State Apple’s advertising costs for 2015, 2014 and 2013.
C. Explain how Apple could apply the principle of materiality of an item of financial information when
preparing financial reports.
D. Corporate reporting is evolving and is more than reporting on profits. Reporting on the entity’s
performance related to people and the planet is increasingly important and included within the
annual report or as a stand-alone report. List examples of such reporting by Apple.

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