(Solution) -ACC 206 Week 1 DQ 2 Apple's Cash
Academic Level: Undergrad. (yrs 3-4)
Paper Format: APA
ACC 206 Week 1 DQ 2 Apple's Cash
Go to http://finance.yahoo.com. Enter in “AAPL” and click on the “get quote” button, and it will bring up information on Apple. On the left hand side you’ll see a section on Financials. Within that section, click on the cash flow. Review the cash flow statement for Apple. How would you summarize Apple’s cash flow position and what does this statement tell you about where the money is coming from and where it’s going? What should Apple do to improve its cash position and why?