The following items appeared in the Investing Activities section of Apple Inc.’s
ID: 2493492 • Letter: T
Question
The following items appeared in the Investing Activities section of Apple Inc.’s statement of cash flows included in Form 10-K for the year ended September 29, 2012. (All amounts are in MILLIONS of dollars.)
1. What amount did Apple spend in 2012 to purchase marketable securities? $_____ million
How does this amount compare to the amounts spent in the two prior years?
2. This was $_____ million MORE/LESS than it spent in 2011.
3. This was $_____ million MORE/LESS than it spent in 2010.
4. What amount did Apple receive from marketable securities that matured in 2012? $_____ million
How does this amount compare to the amounts received in the two prior years?
5. This was $_____ million MORE/LESS than it received in 2011.
6. This was $_____ million MORE/LESS than it received in 2010.
2012 2011 2010 Purchases of marketable securities Proceeds from maturities of $(151,232)(102,317)$(57,793) marketable secuities Proceeds from sales of marketable securities 13,035 99,770 20,43724,930 49,41621,788Explanation / Answer
Answer:1 The Apple spend in 2012 to purchase marketable securities? $151232_____ million
Answer:2 This was $48915_____ million MOREthan it spent in 2011.
Answer:3 This was $93439_____ million MORE than it spent in 2010.
Answer:4 The Apple receive from marketable securities that matured in 2012 13035.
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