Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Exercise 9

Refer to Apple 's statement of cash flows in Appendix A. ( a ) Which method is used to compute its net cash provided by operating activities ( b ) Its balance sheet shows an increase in accounts (trade) receivable from September 29, 2012, to September 28, 2013; why is this increase in accounts (trade) receivable subtracted when computing net cash provided by operating activities for the fiscal year ended September 28, 2013

Reference : Apple 's financial statements in Appendix A