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Use Apple's financial statements in Appendix A to answer the following. Required: 1. Is Apple's statement of cash flows prepared under the direct method or
Use Apple's financial statements in Appendix A to answer the following. Required: 1. Is Apple's statement of cash flows prepared under the direct method or the indirect method? 2. For each fiscal year 2016, 2015, and 2014, identify the amount of cash provided by operating activities and cash paid for dividends. 3. In 2016, does Apple have sufficient cash flows from operations to pay dividends? 4. Did Apple spend more or less cash to repurchase common stock in 2016 versus 2015? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Is Apple's statement of cash flows prepared under the direct method or the indirect method? Apple's statement of cash flow - Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 For each fiscal year 2016, 2015, and 2014, identify the amount of cash provided by operating activities and cash paid for dividends. (Enter your answers in millions of dollars.) 2016 2015 2014 $ millions Cash provided by operating activities Cash dividends paid Required 1 Required 2 Required 3 Required 4 In 2016, does Apple have sufficient cash flows from operations to pay dividends? In 2016, does Apple have sufficient cash flows from operations to pay dividends? Required 1 Required 2 Required 3 Required 4 Did Apple spend more or less cash to repurchase common stock in 2016 versus 2015? Apple spend Use Apple's financial statements in Appendix A to answer the following. Required: 1. Is Apple's statement of cash flows prepared under the direct method or the indirect method? 2. For each fiscal year 2016, 2015, and 2014, identify the amount of cash provided by operating activities and cash paid for dividends. 3. In 2016, does Apple have sufficient cash flows from operations to pay dividends? 4. Did Apple spend more or less cash to repurchase common stock in 2016 versus 2015? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Is Apple's statement of cash flows prepared under the direct method or the indirect method? Apple's statement of cash flow - Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 For each fiscal year 2016, 2015, and 2014, identify the amount of cash provided by operating activities and cash paid for dividends. (Enter your answers in millions of dollars.) 2016 2015 2014 $ millions Cash provided by operating activities Cash dividends paid Required 1 Required 2 Required 3 Required 4 In 2016, does Apple have sufficient cash flows from operations to pay dividends? In 2016, does Apple have sufficient cash flows from operations to pay dividends? Required 1 Required 2 Required 3 Required 4 Did Apple spend more or less cash to repurchase common stock in 2016 versus 2015? Apple spend
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