a condensed statement of cash flows for apple computer inc for the year ended septem 517002
A condensed statement of cash flows for Apple Computer Inc. for the year ended Septembe2r 4,2005, is shown here. Use it to answer the questions given after the statement. (L0 5)
|
Apple Computer Inc. Don't use plagiarized sources. Get Your Custom Essay on
a condensed statement of cash flows for apple computer inc for the year ended septem 517002
For $10/Page 0nly
|
|
|
Statement of Cash Flows |
|
|
For the year ended September 24,2005 |
|
|
(in millions) |
|
|
Cash and cash equivalents beginning of the year |
$2,969 |
|
Cash generated by operating activities |
2535 |
|
Investing cash flows: |
|
|
Purchase of short-term investments |
-11470 |
|
Proceeds from maturities of short-term investments |
8609 |
|
Purchase of property, plant, and equipment |
-260 |
|
Other |
-21 |
|
Cash generated by (used for) investing activities |
-2556 |
|
Financing cash flows: |
|
|
Proceeds from issuance of common stock |
543 |
|
Cash generated by (used for) financing activities |
543 |
|
Increase(decrease)In cash and cash equivalents |
522 |
|
Cash and cash equivalents end of the year |
$3,491 |
Required
a. Did Apple purchase any property, plant, or equipment during the year?
b. If you were to examine Apple”s balance sheet at September 24, 2005, what would be the amount for cash and cash equivalents?
c. Was cash generated from operations or used by operations? By what amount?
d. Did Apple receive any new contributions from owners during the year? How can you tell?
Calculator
Our features
We've got everything to become your favourite writing service
Money back guarantee
Your money is safe. Even if we fail to satisfy your expectations, you can always request a refund and get your money back.
Confidentiality
We don’t share your private information with anyone. What happens on our website stays on our website.
Our service is legit
We provide you with a sample paper on the topic you need, and this kind of academic assistance is perfectly legitimate.
Get a plagiarism-free paper
We check every paper with our plagiarism-detection software, so you get a unique paper written for your particular purposes.
We can help with urgent tasks
Need a paper tomorrow? We can write it even while you’re sleeping. Place an order now and get your paper in 8 hours.
Pay a fair price
Our prices depend on urgency. If you want a cheap essay, place your order in advance. Our prices start from $11 per page.