
Concept explainers
(1)
Introduction:
To state:
Apple’s cash flow statement is prepared under direct method or indirect method.
(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.
(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.
(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
(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 28th September,2013.

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Chapter 12 Solutions
Managerial Accounting
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