Below the financial statements of Apple Inc. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|l|}{\begin{tabular}{l} CONSOLIDATED STATEMENTS OF CASH FLOWS \\ (In millions) \end{tabular}} \\ \hline & & & \begin{tabular}{l} led \\ er 25, \\ 2021 \end{tabular} & Ser & er 26 \\ \hline \begin{tabular}{l} Cash, cash equivalents and restricted cash, beginning \\ balances \end{tabular} & \multicolumn{2}{|c|}{ Cash, cash equivalents and restricted cash, beginning } & & 39.789 & $ & 50.224 \\ \hline Operating activities: & & & & & & \\ \hline Net income & & 99.803 & & 94.680 & & 57.411 \\ \hline \multicolumn{7}{|l|}{\begin{tabular}{l} Adjustments to reconcile net income to cash generated by \\ operating activities: \end{tabular}} \\ \hline Depreciation and amortization & & 11.104 & & 11.284 & & 11.056 \\ \hline Share-based compensation expense & & 9.038 & & 7.906 & & 6.829 \\ \hline Deferred income tax expense/(benefit) & & 895 & & -4.774 & & -215 \\ \hline Other & & 111 & & -147 & & -97 \\ \hline \multicolumn{7}{|l|}{ Changes in operating assets and liabilities: } \\ \hline Accounts receivable, net & & -1.823 & & -10.125 & & 6.917 \\ \hline Inventories & & 1.484 & & -2.642 & & -127 \\ \hline Vendor non-trade receivables & & -7.520 & & -3.903 & & 1.553 \\ \hline Other current and non-current assets & & -6.499 & & -8.042 & & -9.588 \\ \hline Accounts payable & & 9.448 & & 12.326 & & -4.062 \\ \hline Deferred revenue & & 478 & & 1.676 & & 2.081 \\ \hline Other current and non-current liabilities & & 5.632 & & 5.799 & & 8.916 \\ \hline \multicolumn{7}{|l|}{ Investing activities: } \\ \hline Purchases of marketable securities & & -76.923 & & -109.558 & & -114.938 \\ \hline Proceeds from maturities of marketable securities & & 29.917 & & 59.023 & & 69.918 \\ \hline Proceeds from sales of marketable securities & & 37.446 & & 47.460 & & 50.473 \\ \hline Payments for acquisition of property, plant and equipment & & -10.708 & & -11.085 & & -7.309 \\ \hline \multicolumn{7}{|l|}{ Payments made in connection with business acquisitions, } \\ \hline net & & -306 & & -33 & & -1.524 \\ \hline Other & & -1.780 & & -352 & & -909 \\ \hline Cash used in investing activities & & -22.354 & & -14.545 & & -4.289 \\ \hline \multicolumn{7}{|l|}{ Financing activities: } \\ \hline \multicolumn{7}{|l|}{ Payments for taxes related to net share settlement of } \\ \hline Payments for dividends and dividend equivalents & & -14.841 & & -14.467 & & -14.081 \\ \hline Repurchases of common stock & & -89.402 & & -85.971 & & -72.358 \\ \hline Proceeds from issuance of term debt, net & & 5.465 & & 20.393 & & 16.091 \\ \hline Repayments of term debt & & -9.543 & & -8.750 & & -12.629 \\ \hline Proceeds from/(Repayments of) commercial paper, net & & 3.955 & & 1.022 & & -963 \\ \hline Other & & -160 & & 976 & & 754 \\ \hline Cash used in financing activities & & -110.749 & & -93.353 & & -86.820 \\ \hline Decrease in cash, cash equivalents and restricted cash & & -10.952 & & -3.860 & & -10.435 \\ \hline \begin{tabular}{l} Cash, cash equivalents and restricted cash, ending \\ balances \end{tabular} & $ & 24.977 & $ & 35.929 & $ & 39.789 \\ \hline Supplemental cash flow disclosure: & & & & & & \\ \hline Cash paid for income taxes, net & $ & 19.573 & $ & 25.385 & $ & 9.501 \\ \hline Cash paid for interest & $ & 2.865 & $ & 2.687 & $ & 3.002 \\ \hline \end{tabular} -4.-How is the company growing in sales during this three years?,(15 points) -5- Summarize which are the strengths and weaknesses of the company based on the analysis performed. Which recommendations would you give to the company management to improve its competitive position? Support your answer on your calculations. (20 points) -6.-Explain why a difference between Net income and operating Cash Flow is there, explain the reasons using the actual data of company. (15 points)