Homework Help is Here – Start Your Trial Now!
Business
Accounting
APPLE INC BALANCE SHEET DECEMBER 25TH 2021 amount in $ first quarter Second quarter 25-Dec-21 25-Sep-21 june 26,20 26-Sep-20 ASSETS Current assets Cash and cash equivalents Market securities Accounts receivable,net Inventories Vendor non trade receivables Other current assets Total current assets 37119 34940 34050 38016 26794 27699 27646 52927 30213 26278 17475 16120 5876 6580 5178 4061 35040 25228 16433 21325 18112 14111 13641 11264 153154 134836 114423 143713 Non current assets Marketable securities Property,plant and equipment,net 138683 127877 131948 100887 39245 39440 38615 36766 Other non current assers 50109 48849 44854 42522 Total non current assets 228037 216166 215417 180175 Total assets 381191 351002 329840 323888 LIABILITIES AND STAKEHOLDERS EQUITY Current liabilities Acoounts payable 74362 54763 40409 42296 Other current liabilities 49167 47493 43625 42684 Deffered revenue 7876 7612 7681 6643 Commercial paper 5000 6000 8000 4996 Term debt 11169 9613 8039 8773 Total current liabilities 147574 125481 107754 105392 Non current liabilities Term debt 106629 109106 105752 98667 三 Other non current liabilities 55056 53325 52054 54490 Total non current liabilities 161685 162431 157806 153157 Total liabilities 309259 287912 265560 258549 SHAREHOLDERS EQUITY Common stpck 58424 57365 54989 50779 Retained earnings 14435 5562 9233 14996 Accumulated other comprehensive income -927 163 58 -406 Total shareholdersequity 71932 63090 64280 65369 Total liabilities and shareholders equity 381191 351002 329840 323918

APPLE INC BALANCE SHEET DECEMBER 25TH 2021 amount in $ first quarter Second quarter 25-Dec-21 25-Sep-21 june 26,20 26-Sep-20 ASSETS Current assets Cash and cash equivalents Market securities Accounts receivable,net Inventories Vendor non trade receivables Other current assets Total current assets 37119 34940 34050 38016 26794 27699 27646 52927 30213 26278 17475 16120 5876 6580 5178 4061 35040 25228 16433 21325 18112 14111 13641 11264 153154 134836 114423 143713 Non current assets Marketable securities Property,plant and equipment,net 138683 127877 131948 100887 39245 39440 38615 36766 Other non current assers 50109 48849 44854 42522 Total non current assets 228037 216166 215417 180175 Total assets 381191 351002 329840 323888 LIABILITIES AND STAKEHOLDERS EQUITY Current liabilities Acoounts payable 74362 54763 40409 42296 Other current liabilities 49167 47493 43625 42684 Deffered revenue 7876 7612 7681 6643 Commercial paper 5000 6000 8000 4996 Term debt 11169 9613 8039 8773 Total current liabilities 147574 125481 107754 105392 Non current liabilities Term debt 106629 109106 105752 98667 三 Other non current liabilities 55056 53325 52054 54490 Total non current liabilities 161685 162431 157806 153157 Total liabilities 309259 287912 265560 258549 SHAREHOLDERS EQUITY Common stpck 58424 57365 54989 50779 Retained earnings 14435 5562 9233 14996 Accumulated other comprehensive income -927 163 58 -406 Total shareholdersequity 71932 63090 64280 65369 Total liabilities and shareholders equity 381191 351002 329840 323918

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Perform vertical analysis for the two quotas

APPLE INC BALANCE SHEET" DECEMBER 25TH 2021 amount in $ first quarter Second quarter 25-Dec-21 25-Sep-21 june 26,20 26-Sep-20 ASSETS Current assets Cash and cash equivalents Market securities Accounts receivable,net Inventories Vendor non trade receivables 37119 34940 34050 38016 26794 27699 27646 52927 30213 26278 17475 16120 5876 6580 5178 4061 35040 25228 16433 21325 Other current assets 18112 14111 13641 11264 Total current assets 153154 134836 114423 143713 Non current assets Marketable securities Property,plant and equipment,net 138683 127877 131948 100887 39245 39440 38615 36766 Other non current assers 50109 48849 44854 42522 Total non current assets 228037 216166 215417 180175 Total assets 381191 351002 329840 323888 LIABILITIES AND STAKEHOLDERS EQUITY Current liabilities Acoounts payable 74362 54763 40409 42296 Other current liabilities 49167 47493 43625 42684 Deffered revenue 7876 7612 7681 6643 Commercial paper 5000 6000 8000 4996 Term debt 11169 9613 8039 8773 Total current liabilities 147574 125481 107754 105392 Non current liabilities Term debt 106629 109106 105752 98667 Other non current liabilities 55056 53325 52054 54490 Total non current liabilities 161685 162431 157806 153157 Total liabilities 309259 287912 265560 258549 SHAREHOLDERS EQUITY Common stpck 58424 57365 54989 50779 Retained earnings 14435 5562 9233 14996 Accumulated other comprehensive income -927 163 58 -406 Total shareholdersequity 71932 63090 64280 65369 Total liabilities and shareholders equity 381191 351002 329840 323918
Transcribed Image Text:APPLE INC BALANCE SHEET" DECEMBER 25TH 2021 amount in $ first quarter Second quarter 25-Dec-21 25-Sep-21 june 26,20 26-Sep-20 ASSETS Current assets Cash and cash equivalents Market securities Accounts receivable,net Inventories Vendor non trade receivables 37119 34940 34050 38016 26794 27699 27646 52927 30213 26278 17475 16120 5876 6580 5178 4061 35040 25228 16433 21325 Other current assets 18112 14111 13641 11264 Total current assets 153154 134836 114423 143713 Non current assets Marketable securities Property,plant and equipment,net 138683 127877 131948 100887 39245 39440 38615 36766 Other non current assers 50109 48849 44854 42522 Total non current assets 228037 216166 215417 180175 Total assets 381191 351002 329840 323888 LIABILITIES AND STAKEHOLDERS EQUITY Current liabilities Acoounts payable 74362 54763 40409 42296 Other current liabilities 49167 47493 43625 42684 Deffered revenue 7876 7612 7681 6643 Commercial paper 5000 6000 8000 4996 Term debt 11169 9613 8039 8773 Total current liabilities 147574 125481 107754 105392 Non current liabilities Term debt 106629 109106 105752 98667 Other non current liabilities 55056 53325 52054 54490 Total non current liabilities 161685 162431 157806 153157 Total liabilities 309259 287912 265560 258549 SHAREHOLDERS EQUITY Common stpck 58424 57365 54989 50779 Retained earnings 14435 5562 9233 14996 Accumulated other comprehensive income -927 163 58 -406 Total shareholdersequity 71932 63090 64280 65369 Total liabilities and shareholders equity 381191 351002 329840 323918
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Vertical statement analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS