1. LOOK AT THE FILE IN THE CH.16 CANVAS MODULE CALLED "APPLE 2019 STATEMENT OF CASH FLOWS" and then answer the following questions about it: a. Did Apple have a positive or negative cash flow generated from Operating Activities for the year 2019? What is the dollar amount? Is this a good thing or bad thing? Explain. (3pts) b. How much did Apple pay in dividends in 2019? (notice this is in millions) (2pts) c. What was the name and dollar amount of Apple's largest Financing Activity for the year 2019? What is another name for this as discussed in Ch.13? (2pts) 2. For each of the following transactions, state two things: (1) which section of the Statement of Cash Flows (SCF) would this transaction be reported in; and (2) would it be ADDED or SUBTRACTED? (2pts each) Example: Decrease in Accounts Payable Answer: Operating, Subtracted a. Increase in Accounts Receivable b. Issuing Preferred Stock c. Gain on Sale of Building d. Increase in Interest Payable Apple Inc. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Years ended September 28, September 29 September 30, 2019 2018 $ 25,913 S 20,289 $ 20484 2017 55,256 59,531 48,351 12,547 6,068 (340) (652) 10,903 5,340 (32,590) (444) 10,157 4,840 5,966 (166) Cash, cash equivalents and restricted cash, beginning balances Operating activities: Net income Adjustments to reconcile net income to cash generatod by operating activities: Depreciation and amortization Share-based compensation expense Deterred income tax expense/(benefit) Other Changes in operating assets and liabilities: Accounts receivable, net Inventories Vendor non-trade receivables Other current and non-current assets Accounts payablo Deferred revenue Other current and non-current liabilities Cash generated by operating activities Investing activities Purchases of marketable securities Proceeds from maturities of marketable securities Proceeds from sales of marketable securities Payments for acquisition of property, plant and equipment Payments made in connection with business acquisitions, net Purchases of non-markotable securities Proceeds from non-marketable securities Other Cash generated by used in investing activities 245 (289) 2,931 873 (1.923) (625) (4,700) 69,391 (5 322) 828 (8,010) (423) 9,175 (3) 38,449 77.434 (2,093) (2.723) (4.254) (5,318) 8.966 (593) 1,092 64 225 (39,630) 40,102 56,988 (10,495) (624) (1.001) 1,634 (1.078) 45.896 (71,356) 55 881 47,838 (13,313) (721) (1,871) 353 (745) 16,066 (159,485) 31.775 94.564 (12,451) (329) (521) 126 (124) (46,446) 555 669 (2,527) (13,712) (72,738) 6,969 (6,500) (37) (1,874) (12,769) (32,900) 28,662 (3,500) 3,852 Financing activities: Proceeds from issuance of common stock 781 Payments for taxes related to net share settlement of equity awards (2,817) Payments for dividends and dividend equivalents (14,119) Repurchases of common stock (66,897) Proceeds from issuance of term debt, net 6,963 Repayments of term debt (8,805) Proceeds from/(Repayments of commercial paper, net (5.977) Other (105) Cash used in financing activities (90,976) Increase/Decrease) in cash, cash equivalents and restricted cash 24,311 Cash, cash equivalents and restricted cash, ending balances $ 50,224 $ Supplemental cash flow disclosure: Cash paid for income taxes, net s 15,263 S Cash paid for interest 3,423 S See accompanying Notes to Consolidated Financial Statements. Apple Inc. I 2019 Form 10-K 133 (87.876) (17.974) 5,624 25,913 S (195) 20.289 10,417 $ 3,022 $ 11,591 2,092 $