Details of this Paper

1. Explain if Apple Inc has too much, too little, or just the right amount of working capital? How did you make

Description

solution


Question

Question;1. Explain if Apple Inc has too much, too little, or just the right amount of working capital? How did you make this determination?2. Does Apple Inc need to shorten its cash conversion cycle and how do you know that (calculate the cash conversion cycle using the attached model)?3. What working capital financing strategy is used by Apple Inc? What actualfinancial data support the conclusion? Make sure that you complete the analysis using the attached Excel model that examines a firm?s working capital financing strategy.EXAMINING A FIRM'S WORKING CAPITAL FINANCING STRATEGYWorking CapitalCashMarketableSecuritiesAccounts RecevableInventoriesOther Current AssetsOther Current AssetsTotal Working CapitalShort-term Financing$16,182.0 TradeCredit (Accounts Payable)Notes Payable$4,369.0 Short-term debt$6,405.0 Other short-term financing$3,093.0$470.0$12,576.0$1,075.0$4,021.0$0.0$21,235.0$26,956.0 Total Short Term FinancingLong-term AssetsFixed Assets $88,642.0Other Long-term Assets $115,345.0Total Long-term Assets $203,987.0Long-term Financing$47,618.0 Long-term Debt$117,491.0 Other Long-term Financing$165,109.0 Total Long-term Financing.Total Assets $225,222.0$192,065.0 Total Liabilities$33,157.0 Shareholders' Equity$225,222.0 Total Liabilities & Shareholders' EquityCompany VerizonSource of Data http://finance.yahoo.com/q/bs?s=VZ+Balance+Sheet&annualRefer to Page 636 of Brigham & Ehrhardt,Fiancial Management, to see how to examine the strategy.

 

Paper#48545 | Written in 18-Jul-2015

Price : $25
SiteLock