The Goff Computer, Inc. Cost of Capital Minicase featuring Apple, Inc.

The Cost of Capital for Goff Computer, Inc.
Corporate Financial Management
Finance 601 - Team 1

97

1. In the Financial Statements go to Consolidated Balance Sheet and find the:
Q. Book value of Long Term Debt
A. LT Debt: 16,960,000
Q. And, book value of Total Shareholder’s Equity
A. Total S/H Equity: 123,549,000
Apple 10Q or 10K report:
CONSOLIDATED BALANCE SHEETS
(In millions, except number of shares which are reflected in thousands)

September 28, 2013

September 29, 2012 ASSETS:

Current assets:

Cash and cash equivalents $
14,259

$
10,746

Short-term marketable securities

26,287

18,383 Accounts receivable, less allowances of $99 and $98, respectively

13,102

10,930 Inventories

1,764

791 Deferred tax assets

3,453

2,583 Vendor non-trade receivables

7,539

7,762 Other current assets

6,882

6,458

Total current assets

73,286

57,653

Long-term marketable securities

106,215

92,122 Property, plant and equipment, net

16,597

15,452 Goodwill

1,577

1,135 Acquired intangible assets, net

4,179

4,224 Other assets

5,146

5,478

Total assets $
207,000

$
176,064

LIABILITIES AND SHAREHOLDERS’ EQUITY:

Current liabilities:

Accounts payable $
22,367

$
21,175

Accrued expenses

13,856

11,414 Deferred revenue

7,435

5,953

Total current liabilities

43,658

38,542

Deferred revenue – non-current

2,625