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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 16
Refer to Apple 's financial statements in Appendix A to answer the following.
1. Identify the note that reports on Apple's business segments.
2. Describe the focus and activities of each of Apple's business segments.
3. Apple reports the following operating income and average segment assets (which exclude shared corporate assets) for its geographic segments. Compute Apple's return on assets for each of its geographic segments. Assess the relative performance and contribution of these segments.
Fast Forward
4. Access Apple's annual report for fiscal years ending after September 28, 2013, from its website ( Apple.com ) or the SEC's EDGAR database ( www.SEC.gov ). Has Apple changed its reporting policy regarding segment information Explain.
Reference : Apple 's financial statements in Appendix A
1. Identify the note that reports on Apple's business segments.
2. Describe the focus and activities of each of Apple's business segments.
3. Apple reports the following operating income and average segment assets (which exclude shared corporate assets) for its geographic segments. Compute Apple's return on assets for each of its geographic segments. Assess the relative performance and contribution of these segments.
Fast Forward
4. Access Apple's annual report for fiscal years ending after September 28, 2013, from its website ( Apple.com ) or the SEC's EDGAR database ( www.SEC.gov ). Has Apple changed its reporting policy regarding segment information Explain.
Reference : Apple 's financial statements in Appendix A
Explanation
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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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