Question
You are analyzing the cash flow statement of Apple Inc. for the fiscal year ended September 30, 2023, and identifying the major sources and uses
You are analyzing the cash flow statement of Apple Inc. for the fiscal year ended September 30, 2023, and identifying the major sources and uses of cash.
Requirements:
- Operating cash flow: $50 billion
- Investing cash flow: -$30 billion
- Financing cash flow: -$20 billion
Based on the above information, discuss the major sources and uses of cash for Apple Inc. during the fiscal year.
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Financial and Managerial Accounting Information for Decisions
Authors: John Wild, Ken Shaw, Barbara Chiappetta
5th edition
978-1259317552, 1259317552, 978-0078025600, 78025605, 978-1259335013, 1259335011, 978-1259347641
