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.
The essay will comply with APA formatting guidelines. Please note that essay submissions saved as a MS Office Excel or another type of software attachment will not be accepted for grading.
An introduction and a conclusion paragraphs are required. The essay will have the following four section headings: Property, Plant, and Equipment; Depreciation Method; Depreciation and Amortization Expense; and Intangible Assets.
The questions above are not to be used as section headings. Avoid stating the questions in the body of the essay. The essay will not be supported if cited sources (in-text citations and References page) are omitted.
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.
Attachment:- assignment apple inc.rar