Ch12 Homework Saved Help Save & Exit Submit 2 NIKE, Incorporated, is the best-known sports shoe, apparel and equipment company in the world because of its association with othletes such as LeBron James, Brooks Koepka, and Bianca Andreescu. Some of the items included in its recent statement of cash flows presented using the indirect method are listed here. Indicate whether each item is disclosed in the operating activities, investing activities, or financing activities section of the statement or use (NA) if the item does not appear on the statement 1.33 points 8 20:34 look 1. Additions to long-term debt. 2. Depreciation 3. Additions to equipment 4. Increase (decrease in notes payable (The amount is owed to financial institutions) 5. (Increase) decrease in other current assets 6. Cash received from disposal of equipment. 7. Reductions in long-term debt 8. Issuance of stock 9. (Increase) decrease in inventory 10. Net income Print References The Walt Disney Company reported the following in its 2018 annual report (in millions): Net Income Net cash provided by operating activities Purchase of parks, resorts, and equipment 2016 $ 9,790 13,136 (5,758) 2017 $ 9,366 12,343 (4,111) 2018 $ 13,066 14,295 (5,336) Required: 2. Based solely on the results reported above for the three years, did Walt Disney Company need external financing to purchase parks, resorts, and equipment during these years? 50 O Yes O No