(1) Introduction: Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities. To state: Apple’s cash flow statement is prepared under direct method or indirect method.

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Answer 1

Question

Chapter 12, Problem 1BTN

To determine

(1)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

Apple’s cash flow statement is prepared under direct method or indirect method.

To determine

(2)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

If the cash dividend paid is more or less than the cash provided by operating activities for the Fiscal year 2013, 2012 and 2011.

To determine

(3)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

The largest amount in reconciling the difference between net income and cash flow from operating activities in fiscal year 2013, 2012 and 2011.

To determine

(4)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To identify:

The largest cash inflows and outflows from investing and financing activities for fiscal year 2012 and 2013.

To determine

(5)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

What are Apple’s largest cash inflows and outflows from investing and financing on 28^t^h September,2013.

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Students have asked these similar questions

What was the amount of net cash provided by operating activities for the year ended September 26, 2015? For the year ended September 27, 2014? What was the amount of increase or decrease in cash and cash equivalents for the year ended September 26, 2015? For the year ended September 27, 2014? Which method of computing net cash provided by operating activities does Apple use? From your analysis of the 2015 statement of cash flows, did the change in accounts receivable require or provide cash? Did the change in inventories require or provide cash? Did the change in accounts payable require or provide cash? What was the net outflow or inflow of cash from investing activities for the year ended September 26, 2015? What was the amount of income taxes paid in the year ended September 26, 2015?

Refer to Apple’s statement of cash flows. (a) Which method is used to compute its net cash provided by operating activities? (b) Its balancesheet shows an increase in accounts receivable from September 24, 2016, to September 30, 2017; why is this increase in accounts receivable subtracted when computing net cash provided by operating activities for the fiscal yearended September 30, 2017?

Samsung’s statement of cash flows in Appendix A reports the change in cashand equivalents for the year ended December 31, 2017. Identify the cash generated (or used) by operating activities, by investing activities, and by financing activities.

Answer 2

Question

Chapter 12, Problem 1BTN

To determine

(1)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

Apple’s cash flow statement is prepared under direct method or indirect method.

To determine

(2)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

If the cash dividend paid is more or less than the cash provided by operating activities for the Fiscal year 2013, 2012 and 2011.

To determine

(3)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

The largest amount in reconciling the difference between net income and cash flow from operating activities in fiscal year 2013, 2012 and 2011.

To determine

(4)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To identify:

The largest cash inflows and outflows from investing and financing activities for fiscal year 2012 and 2013.

To determine

(5)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

What are Apple’s largest cash inflows and outflows from investing and financing on 28^t^h September,2013.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 12, Problem 1BTN

To determine

(1)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

Apple’s cash flow statement is prepared under direct method or indirect method.

To determine

(2)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

If the cash dividend paid is more or less than the cash provided by operating activities for the Fiscal year 2013, 2012 and 2011.

To determine

(3)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

The largest amount in reconciling the difference between net income and cash flow from operating activities in fiscal year 2013, 2012 and 2011.

To determine

(4)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To identify:

The largest cash inflows and outflows from investing and financing activities for fiscal year 2012 and 2013.

To determine

(5)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

What are Apple’s largest cash inflows and outflows from investing and financing on 28^t^h September,2013.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 12, Problem 1BTN

To determine

(1)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

Apple’s cash flow statement is prepared under direct method or indirect method.

To determine

(2)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

If the cash dividend paid is more or less than the cash provided by operating activities for the Fiscal year 2013, 2012 and 2011.

To determine

(3)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

The largest amount in reconciling the difference between net income and cash flow from operating activities in fiscal year 2013, 2012 and 2011.

To determine

(4)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To identify:

The largest cash inflows and outflows from investing and financing activities for fiscal year 2012 and 2013.

To determine

(5)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

What are Apple’s largest cash inflows and outflows from investing and financing on 28^t^h September,2013.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 12, Problem 1BTN

To determine

(1)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

Apple’s cash flow statement is prepared under direct method or indirect method.

To determine

(2)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

If the cash dividend paid is more or less than the cash provided by operating activities for the Fiscal year 2013, 2012 and 2011.

To determine

(3)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

The largest amount in reconciling the difference between net income and cash flow from operating activities in fiscal year 2013, 2012 and 2011.

To determine

(4)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To identify:

The largest cash inflows and outflows from investing and financing activities for fiscal year 2012 and 2013.

To determine

(5)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

What are Apple’s largest cash inflows and outflows from investing and financing on 28^t^h September,2013.

Answer 6

Chapter 12, Problem 1BTN

To determine

(1)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

Apple’s cash flow statement is prepared under direct method or indirect method.

Answer 7

Chapter 12, Problem 1BTN

To determine

(1)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

Apple’s cash flow statement is prepared under direct method or indirect method.

Answer 8

To determine

(2)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

If the cash dividend paid is more or less than the cash provided by operating activities for the Fiscal year 2013, 2012 and 2011.

Answer 9

To determine

(2)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

If the cash dividend paid is more or less than the cash provided by operating activities for the Fiscal year 2013, 2012 and 2011.

Answer 10

To determine

(3)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

The largest amount in reconciling the difference between net income and cash flow from operating activities in fiscal year 2013, 2012 and 2011.

Answer 11

To determine

(3)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

The largest amount in reconciling the difference between net income and cash flow from operating activities in fiscal year 2013, 2012 and 2011.

Answer 12

To determine

(4)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To identify:

The largest cash inflows and outflows from investing and financing activities for fiscal year 2012 and 2013.

Answer 13

To determine

(4)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To identify:

The largest cash inflows and outflows from investing and financing activities for fiscal year 2012 and 2013.

Answer 14

To determine

(5)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

What are Apple’s largest cash inflows and outflows from investing and financing on 28^t^h September,2013.

Answer 15

To determine

(5)

Introduction:

Cash flow statements are the statements that determines the inflow and outflow of cash from three major activities that are carried out in a business i.e. operating activities, investing activities and financing activities.

To state:

What are Apple’s largest cash inflows and outflows from investing and financing on 28^t^h September,2013.

Answer 16

Expert Solution & Answer

Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

Ch. 12 - Prob. 1MCQ Ch. 12 - Prob. 2MCQ Ch. 12 - Prob. 3MCQ Ch. 12 - Prob. 4MCQ Ch. 12 - Prob. 5MCQ Ch. 12 - Prob. 1DQ Ch. 12 - Prob. 2DQ Ch. 12 - Prob. 3DQ Ch. 12 - Prob. 4DQ Ch. 12 - Prob. 5DQ

Solution Summary: The author explains that Apple's cash flow statement is prepared by the indirect method, which helps the company convert accrual basis of accounting to cash basis.

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