Financial Reporting Problem II 1

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?

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