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Business, 14.09.2021 17:50 nsbegay2007

Mango Inc., headquartered in Carlsbad, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players and sells a variety of related software and services. Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29, 2018): a. Borrowed $50 from banks due in two years.
b. Purchased additional investments for $230 cash; one-fifth were long term and the rest were short term.
c. Purchased property, plant, and equipment; paid $12,800 in cash and signed a short-term note for 1,440.
d. Issued additional shares of common stock for $865 in cash; total par value was $1 and the rest was in excess of par value.
e. Sold short-term investments costing $10,020 for $10,020 cash.
f. Declared $47 in dividends to be paid at the beginning of the next fiscal year.
Required:
For each of the activities (a)–(f), indicate whether the activity is (1) investing or financing and (2) the direction and amount of the effect on cash flows (+ for increases; – for decreases).

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Mango Inc., headquartered in Carlsbad, California, designs, manufactures, and markets mobile communi...
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