Question
Broadening Your Perspective 17-1The Apple, Inc. financial statements are taken from the company?s 2013 Form 10-K. To access Apple?s Form 10-K, including notes to the
Broadening Your Perspective 17-1The Apple, Inc. financial statements are taken from the company?s 2013 Form 10-K. To access Apple?s Form 10-K, including notes to the financial statements, follow these steps:1. Go to http://investor.apple.com.2. Select the Financial Information tab.3. Select the 10-K annual report dated September 28, 2013.4. The Notes to Consolidated Financial Statements begin on page 50.(a)What was the amount of net cash provided by operating activities for the year ended September 28, 2013? For the year ended September 29, 2012? (Enter answers in millions.)20132012Net cash provided by operating activities$ million $ million (b)What was the amount of increase or decrease in cash and cash equivalents for the year ended September 28, 2013? For the year ended September 29, 2012? (Enter answers in millions.)Cash and cash equivalents 2013 by $ million 2012 by $ million(c)Which method of computing net cash provided by operating activities does Apple use?Apple uses the .(d)From your analysis of the 2013 statement of cash flows, did the change in accounts and notes receivable require or provide cash? Did the change in inventories require or provide cash? Did the change in accounts payable and other current liabilities require or provide cash?The change in accounts receivable in 2013. The change in inventories in 2013. The change in accounts payable in 2013. (e)What was the net outflow or inflow of cash from investing activities for the year ended September 28, 2013? (Enter answer in millions.)Net of cash from investing activities $ million.(f)What was the amount of income taxes paid in the year ended September 28, 2013? (Enter answer in millions.)Amount of income tax $ million LINK TO TEXT Question Attempts: 0 of 3 used SAVE FOR LATERSUBMIT ANSWERCopyright 2000-2017 by John Wiley & Sons, Inc. or related companies. All rights reserved.
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