Most everyone knows that Apple is sitting on a pile of cash valued as high as $285
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Question:
- Most everyone knows that Apple is sitting on a “pile of cash” valued as high as $285 billion. How much of that is truly Free Cash Flow?
- Hint: This question does NOT have anything to do with any financial statements released in the past three years or so. You have to dig to find the correct year.
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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