Question
Cash Management: Evaluate the cash conversion cycle for Microsoft Corporation and Apple Inc., and discuss how it influences their liquidity and working capital management strategies,
Cash Management: Evaluate the cash conversion cycle for Microsoft Corporation and Apple Inc., and discuss how it influences their liquidity and working capital management strategies, using the following data:
- Microsoft: DIO = 40 days, DSO = 25 days, DPO = 30 days
- Apple: DIO = 50 days, DSO = 20 days, DPO = 35 days
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
