Financial reporting problem: apple inc. ct12-1 the financial

  

FINANCIAL REPORTING PROBLEM: Apple Inc.

CT12-1 The financial statements of Apple Inc. are presented in Appendix A.

E

Answer the following questions.

Instructions

(a) What was the amount of net cash provided by operating activities for the year ended September 27, 2014? For the year ended September 28, 2013?

(b) What was the amount of increase or decrease in cash and cash equivalents for the year ended September 27, 2014?

(c) Which method of computing net cash provided by operating activities does Apple use?

(d) From your analysis of the September 27, 2014, statement of cash flows, was the change in accounts receivable a decrease or an increase? Was the change in inventories a decrease or an increase? Was the change in accounts payable a decrease or an increase?

(e) What was the net cash used by investing activities for the year ended September 27, 2014?

(f) What was the amount of interest paid in the year ended September 27, 2014? What was the amount of income taxes paid for the same period?

Financial Reporting Problem Part II

Purpose of Assignment 

The purpose of this assignment is to expose you to the basic process involved in the analysis of the cash flow statement. 

Assignment Steps 

Resources: Appendix A of Financial Accounting: Tools for Business Decision Making 

Note: This is a two part assignment. 

Part 1 

Answer questions A-F in problem CT12-1 in Financial Accounting (p. 640). 

Provide an 875-word analysis of your findings. 

Include conclusions concerning the management of the company’s cash.

Part 2 

Complete a 1,050-word summary of findings and recommendations from the following questions: 

  • What is the par or stated value per share of Apple’s      common stock?
  • What percentage of Apple’s authorized common stock was      issued at September 27, 2014?
  • How many shares of common stock were outstanding at      September 28, 2013, and at September 27, 2014?
  • Calculate the payout ratio, earnings per share, and      return on common stockholders’ equity for 2014. 

Use the Week 5 Excel® spreadsheet and submit with your analysis and summary.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency