4. What method(s) of depreciation does Apple use? Does the company use the same method of
depreciation for all types of long-lived assets? Where did you find this information?
5. What method(s) does Apple use to value its inventory? Compute the inventory turnover ratio
for the last two years. This may require you to locate the financial statements for the most recent
three years in order to compute average inventory. Comment on the trend observed.
Property, plant and equipment are stated at cost. Depreciation is computed by use of the straight-line method over the estimated useful lives of the assets, which for...
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