I’m studying for my Business class and don’t understand how to answer this. Can you help me study?
You will need to examine NASDAQ Apple’s working capital management. Look at the firm’s annual report(link to financial statements-https://www.sec.gov/Archives/edgar/data/320193/000…) and answer the following questions in 2 pg plus any associated tables on the reference section:
- What is the firm’s cash position? Does the firm reflect positive cash balances for the last three years?
- What methods does the firm use to ensure and maintain positive cash flows?
- What methods of short-term financing does the firm use?
reference:use this book chapters needed are in study guide
Melicher, R.W., & Norton, E.A. (2017). Introduction to finance: Markets, investments, and
financial management. Hoboken, NJ: John Wiley & Sons.
attached study guide