Report and evaluate the cash position of Microsoft for the past 2 years based on your understanding of the report. Provide a detailed rationale on whether you would lend money to this company if you were a creditor.

June 30, 2019 June 30 2018

Changes in operating assets and liabilities 3,866 20,467

Adjustments to reconcile net income to 12,945 27,313

net cash from operations

Net cash from operations 52,185 43,884

Net cash from (used in) financing (36,887) (33,590)

Net cash used in investing (15,773) (6,061)

Net change in cash and cash equivalents (590) 4,283

Cash and cash equivalents, end of period 11,356 11,946