Read the financial statement footnote of Microsoft corporation that describes cash and cash equivalents. What do you think they represent? Where does most of the cash come from?

Compute the receivables turnover rate and days in receivables of Microsoft corporation. What does that indicate to you about the companys ability to collect receivables? How does it account for uncollectible? How do you know?

What types of inventory does microsoft corporation hold: raw materials, work in process, finished goods. Please provide examples of the goods held. How does the company value its inventories?

hint(view the 10-k report of Microsoft corporation)