Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. apple made some changes to the balance sheet last

Apple made some changes to the balance sheet last year. Can you look at the...

90.2K

Verified Solution

Question

Finance

Apple made some changes to the balance sheet last year. Can you look at the transactions and compute how they affected Apple's cash flow from operation. Accounts receivable increased by $750, inventory decreased by $175, and accounts payable decreased by $240. An issued short-term debt of $127.

Which statement is correct

1. $383 use of cash

2. $568 source of cash

3. $605 source of cash

4. $685 use of cash

5. $812 source of cash

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1) Plasma cells secrete antibodies in tears, swear, saliva, mucus, and breast milk that prevent pathogens from...

Medical Sciences
Q

1- relate characteristics of semiconductor basic mechanism of electrical conduction 2- determine important parameters of semiconductor 3- describe...

Physics
Q

Orion Iron Corp. tracks the number of units purchased and sold throughout each year but applies...

Accounting
Q

and fb are orthogonal If a 4 5 and b x y then the ratio

Geometry
Q

A chemistry student needs 30.0 mL of chloroform for an experiment. By consulting the CRC...

Basic Math
Q

converge Remember to check endpoints if there is an interval of convergence 5 Find dy...

Calculus
Q

ESTION 3 (20 MARKS) following are the abridged financial statements of P Ltd and its...

Accounting
Q

wSaved to this Here De 10. Production of the way yond by dewy Ann synoduct...

Accounting
Q

HELP ASAPPPP!!! Bramble Corporations December 31, 2020 balance sheet showed the following: ...

Accounting
Q

Oranarwan income statement for the vear 2020 using the multiple-step form. (Round earnings per share...

Accounting
Q

You are considering the following two projects and can take only one. Your cost of...

Finance
Q

Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to exploit a mineral...

Accounting