A recent statement of cash flows for Apple contained the following information (dollars in thousands): Operations Net

Question:

A recent statement of cash flows for Apple contained the following information (dollars in thousands):
Operations
Net income ......... $ 310,178
Depreciation .......... 167,958
Changes in assets and liabilities
Accounts receivable ..... (199,401)
Inventories ......... 418,204
Other current assets ...... 33,616
Accounts payable ........ 139,095
Income taxes payable ....... 50,045
Other current liabilities ...... 39,991
Other adjustments ....... (222,691)
Cash generated by operations ... $ 736,995

Required:
For each of the asset and liability accounts listed on the statement of cash flows, determine whether the account balances increased or decreased during the period.

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