1 Compute how much the accounts receivable account contributes to Apples current assets in 2014?

a. Comment on how this percentage compares to that in 2009.

b. Identify the pros and cons of selling more on account.

2. Find out the cash cycle of Apple in 2014 and interpret what the number indicate

Info from balance Sheet

2014 Account receivable= $ 17460 milllion

2014 Current assent=$ 68531million

Account receivable for 2009=$3361 million

Current asset=$ 31555 million

Account payable for 2014= $30196 mil

Inventory for 2014=$2111 mil