Question
4. Consider the following 2021 data for two firms ($ in millions): Apple Microsoft Average Current Liabilities $28,600 44,800 Cash from Operations $19,360 40,920
4. Consider the following 2021 data for two firms ($ in millions): Apple Microsoft Average Current Liabilities $28,600 44,800 Cash from Operations $19,360 40,920 Expenditures on PPE $3,800 6,200 Expenditures on Investments $ 8,600 Compute the operating-cash-flow-to-current-liabilities ratio for each firm for 2021 12 points 15,800
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
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9780324789423, 324789416, 978-0324789416
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