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Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29,2018 ): a. Borrowed $18,274 from banks due in
Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29,2018 ): a. Borrowed $18,274 from banks due in two years. b. Purchased additional investments for $21,700 cash; one-fifth were long term and the rest were short term. c. Purchased property, plant, and equipment; paid $9,578 in cash and signed a short-term note for $1,418. d. Issued additional shares of common stock for $1,476 in cash; total par value was $1 and the rest was in excess of par value. e. Sold short-term investments costing $19,016 for $19,016 cash. f. Declared $11,133 in dividends to be paid at the beginning of the next fiscal year
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