Question: Use Apple s financial statements in Appendix A to answer the following. Identify the total amount of cash and cash equivalents for fiscal years ended
Use Apples financial statements in Appendix A to answer the following.
Identify the total amount of cash and cash equivalents for fiscal years ended a September and b September
Compute cash and cash equivalents as a percent of total current assets, total current liabilities, total shareholders equity, and total assets at fiscal yearend for both and
Compute the percent change between the beginning and ending year amounts of cash and cash equivalents for fiscal years ended a September and b September The beginning balance of cash and cash equivalents is $millions for fiscal year
Compute the days sales uncollected as of a September and b September
Does Apples collection of receivables show a favorable or unfavorable change?
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