Refer to the most recent 10-K for Apple Inc. and Alphabet Inc.

APPLE 10-K : https://www.sec.gov/Archives/edgar/data/320193/000032019317000070/a10-k20179302017.htm

ALPHABET 10-K: https://www.sec.gov/Archives/edgar/data/1652044/000165204418000007/goog10-kq42017.htm

(a) What method of computing net cash provided by operating activities does Apple Inc. use? What method does Alphabet Inc. use? (2 points)

(b) What where the amounts of cash provided by operating activities reported by Apple Inc. and Alphabet Inc. during the year? What were the most significant adjustments (one increase and one decrease) in operating activities for each company (list item, amount and direction)? (4 points)

(c) What are the most significant items (one inflow and one outflow) reported by Apple Inc. and Alphabet Inc. during the year in their investing activities sections? Provide the item, amount and direction (4 points)

(d) What are the most significant items (one inflow and one outflow) reported by Apple Inc and Alphabet Inc. during the year in their financing activities sections? Provide the item, amount and direction. (4 points)

(e) Apple disclosed one significant cash flow item related to the net change in operating activities. What was this item (this is not disclosed in the statement of cash flows)? (3 points)

(f) What Alphabet attribute its increase in cash flows from operating activities (look in the MD&A portion of the financial statements)? (3 points)