Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Refer to the most recent 10-K for Apple Inc. and Alphabet Inc. (I'm not allowed to post link so just google it for the year

Refer to the most recent 10-K for Apple Inc. and Alphabet Inc. (I'm not allowed to post link so just google it for the year 2019 for both companies)

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

(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?

(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 amount and direction

(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 amount and direction.

(e) Apple disclosed the adoption of a new ASU that affected the presentation of the statement of cash flows. What was that ASU, when was it adopted and what account(s) did it affect?

(f) Alphabet disclosed three segments that make up capital expenditures. List these segments and explain what the reconciling items were.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

How to find if any no. is divisble by 4 or not ?

Answered: 1 week ago

Question

Explain the Pascals Law ?

Answered: 1 week ago

Question

What are the objectives of performance appraisal ?

Answered: 1 week ago