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Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29, 2018): a. Borrowed $18,266 from banks due in

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Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29, 2018): a. Borrowed $18,266 from banks due in two years. b. Purchased additional investments for $21,000 cash; one-fifth were long term and the rest were short term. c. Purchased property, plant, and equipment; paid $9,571 in cash and signed a short-term note for $1,410. d. Issued additional shares of common stock for $1,469 in cash; total par value was $1 and the rest was in excess of par value. e. Sold short-term investments costing $18,810 for $18,810 cash. f. Declared $11,126 in dividends to be paid at the beginning of the next fiscal year. Required: For each of the activities (a)(f), indicate whether the activity is (1) investing or financing and (2) the direction and amount of the effect on cash flows (+ for increases; - for decreases). (If the activity does not affect the statement of cash flows, select No Effect. Enter your answer in millions.) Activity Type of Activity Effect on Cash 18,266 (a) Borrowed from banks (b) Purchased investments (c) Purchased property, plant, and equipment (d) Issued additional stock (e) Sold short-term investments (f) Declared dividends Financing Investing Investing Financing Investing No Effect

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