Question

A condensed statement of cash flows for Apple Inc. for the year ended September 27, 2008, is shown here. Use it to answer the questions given after the statement.


Requirements
1. What was Apple’s net cash flow related to operating activities during the year?
2. What was Apple’s net cash flow related to investing activities during the year?
3. What was Apple’s net cash flow related to financing activities during the year?
4. If you were to look at Apple’s balance sheets for the two most recent fiscal years, what amount would be shown on each for cash (and cashequivalents)?


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  • CreatedSeptember 01, 2014
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