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QUESTION 1 6 The amount of dividends declared by Apple during the most recent reporting period was $ 1 4 , 7 9 3 .

QUESTION 16
The amount of dividends declared by Apple during the most recent reporting period was $14,793.
True
False
QUESTION 17
Did Apple pay cash to repurchase any of its common stock shares during the most recent reporting period?
a. Yes
b. No
QUESTION 18
Which of Apple's financial statements is not accrual-based?
a. Income statement
b. Balance sheet
c. Statement of shareholders' equity
d. Statement of cash flows
Which of Apple's financial statements is not accrual-based?
a. Income statement
b. Balance sheet
c. Statement of shareholders' equity
d. Statement of cash flows
QUESTION 19
For the most recent reporting period, Apple's largest source of cash was from:
a. Investing activities
b. Operating activities
c. Financing activities
QUESTION 20
Apple's cash-based net income for the most recent reporting period was (in millions):
a. $122,151.
b. $99,803.
c. $23,646.
d. $394,328.
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