Reading Apple Inc.’s Statement of Cash Flows The following items appeared in the
ID: 2493692 • Letter: R
Question
Reading Apple Inc.’s Statement of Cash Flows 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.) Required: 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? This was $ _________________ million _________________ than it spent in 2011. This was $ _________________ million _________________ than it spent in 2010. 2. 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? This was $ _________________ million _________________ than it received in 2011. This was $ _________________ million _________________ than it received in 2010.
Explanation / Answer
Answer:1 The Apple spend in 2012 to purchase marketable securities? $151232_____ million.
This was $48915_____ million MOREthan it spent in 2011.
This was $93439_____ million MORE than it spent in 2010.
Answer:2 The Apple receive from marketable securities that matured in 2012 13035.
This was $7402 million less than it received in 2011.
This was $11895 million less than it received in 2010.
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