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Expand Your Critical Thinking 12-1 The financial statements of Apple Inc. are presented in Appendix A. Click here to view A endix A. Answer the
Expand Your Critical Thinking 12-1 The financial statements of Apple Inc. are presented in Appendix A. Click here to view A endix A. Answer the following questions. (a) What was the amount of net cash provided by operating activities for the year ended September 27, 2014? For the year ended September 28, 2013? (Enter amounts in millions.) 2014 2013 Net cash provided by operating activities (in m ons) t (b) what was the amount of increase or decrease in cash and cash equivalents for the year ended September 27, 2014? (Enter amount in millions. in cash and cash equivalent million (c) Which method of computing net cash provided by operating activities does Apple use? (d) From your analysis of the September 27, 2014, statement of cash flows, Was the change in accounts receivable a decrease or an increase? Change Was the change in inventories a decrease or an increase? Change Was the change in accounts payable a decrease or an increase? Change
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