Why does Apple hold so much cash? How much excess cash do they have? How much cash would they have after five years if they distributed all of their excess cash to shareholders in 2012? Use Exhibit 10 to forecast Apples financial status over the next five years.

Answer rating: 100% (QA)

Why does Apple hold so much cash How much excess cash do they have Apple s huge cash hoard is a something of a mystery And for some investors a frustration At the close of last year the company had 98 ... View the full answer