A,B,c

1. Based on the attached balance sheet, answer the questions about the company's cash flows for the year. (6 points each) From September 2018 to September 2019, were operating activities represented on the balance sheet a net cash source or cash use? Why? b. From September 2018 to September 2019, were investment activities represented on the balance sheet a net cash source or cash use? Why? From September 2018 to September 2019, were financing activities represented on the balance sheet a net cash source or cash use? Why? c. Apple Inc. 1 of 1 CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 28 2019 September 29, 2018 48,844 $ 51,713 22.926 4,106 22,878 12,352 162,819 25.913 40,388 23,186 3.956 25.809 12.087 131.339 ASSETS: Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Tem debe Total current liabilities 105.341 37,378 32,978 175,697 338,516 $ 170.799 41,304 22 283 234.386 365.725 46,236 $ 37.720 5,522 5.980 10,260 105,718 55.888 33.327 5.966 11.964 8,784 115,929 Non-current liabilities: Tem debit Other non-current liabilities Total non-current liabilities Total liabilities 91,807 50,503 142,310 248,028 93.735 48.914 142,649 258.575 Commitments and contingencies Shareholders equity: Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 4,443,236 and 4,754,986 shares issued and outstanding, respectively Retained eamings Accumulated other comprehensive income (loss) Total shareholders' equity Total liabilities and shareholders' equity 45,174 45,898 (584) 90,488 338,516 40.201 70.400 (3.454) 107,147 365.725