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

Medical Sciences
1.2K views

21. Identify and describe the 3 primary brain vesicles formed from the neural tube.

General Management
1.2K views

Give an example case for the concepts of a.      Democratic values b.      Â Professional values c.       Â Ethical values d.      Â People values

Biology
1.2K views

All are reasons to monitor therapeutic drugs EXCEPT:A) serious consequences from overdosing.B) unpredictable blood levels.C)...

Geometry
1.2K views

h A cylindrical can has the following properties height h 21 6 cm and radius...

Basic Math
1.2K views

Here is a Venn diagram showing the sets B and D as well as The...

Accounting
1.2K views

Best of luck MM_Assignment 1_Fall 21-22.docx By submitting this paper, you agree: (1) that you...

Accounting
1.2K views

Does the business risk faced by a client have any relationship to audit risk? Discuss.

Accounting
1.2K views

Problem 8-4A Record payroll (LO8-3) Vacation Destinations offers its employees the option of contributing up...

Accounting
1.2K views

Sharon is a trainee supporting the licensed secretary of a public listed company. Explain to...

Accounting
1.2K views

Journal entry worksheet Maas, Inc., sells washers and dryers that include a maximum one-year warranty...

Accounting
1.2K views

Cash equivalents would include a) Accounts receivable from a financial institution b) Cash restricted to...

Finance
1.2K views

Can you please answer the question below. thanks A particular...