Over recent years, Apple Inc. has had an excessive amount of cash reserves. The following is a recent statement of cash flows from Apple’s 2012 Annual Report (Form 10- K).

Using Apple’s Statement of Cash Flows, answer the following questions:
1. Did Apple’s day- to- day operations generate or use cash?
2. Which section of the statement contains changes in Apple’s long- term assets?
3. Which section of the statement reports on changes in Apple’s long- term liabilities and stockholders’ equity?
4. Is Apple spending money to expand its business by purchasing additional fixed assets?
5. Did Apple issue stock in the most recent year?
6. Has Apple increased or decreased its dividend payments over the past three years?

  • CreatedAugust 27, 2014
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