Question

Please answer the following questions for the Apple, Inc. (NASDAQ: AAPL) .

Balance Sheet
1) Did its total assets increase or decrease over the last year?

Cash Flow Statement
1) Did the company have a cash inflow or outflow from operating activities? What two major item(s) reported in operating activities caused the major inflow and the major outflow

2)Was there total inflow or outflow of cash, what did this most relate to (Investing, Financing or Operating)?

Answer 1

Balance Sheet

1. Apple, Inc.’s total assets decreased over last year by 27,209 million dollars.

That is, total asset reported at the end of September 2018 is 365,725 million dollars, and comes to 338,516 million dollars in September 2019 by decreasing 27,209 million dollars.

Cash Flow Statement

1. Company had cash inflow of 69,391 million dollars from its operating activities during financial year ended September 2019.

Further, major inflow in operating activities occupied from the head of  "net income after adjusted against non cash adjustments" , amounting an inflow of 72,879 million dollars , particulars are as follows;

Net income as per financial statements                             :           55,256

Non-cash adjustments;

              Add :            Depreciation and amortization :           12,547

              Add :            Share-based compensation expenses        :          6,068

              Less :          Deferred income tax expense/(benefit) :           (340)

              Less: Other non cash items included in net income :           (652)

          Net income after adjusting non-cash items                          :       72879

       Major outflow in operating activity is under the head “other current and non-current liabilities” for an amount of 4700 million dollars. This head also can be otherwise mention as decrease in overall other current and non-current liabilities during the period of the company is 4700 million dollars.

2) Cash flow statement of the companies shows total cash inflow of 24,311 million dollars during financial year ended September 2019. Operating activities brings more cash inflow of 69,391 million dollars relating to cash inflow from investing activities of 45,896 million dollars, and cash outflow from financing activities of 90,976 million dollars.