Sorry, I should have mentioned this company is APPLE and comparing GOOGLE as a company. However I am just trying to answer the questions strictly for APPLE

As you retrieve this information, consider companies financial ratios, including activity ratios, debt ratios, and profitability and market ratios. Also, consider what you, as a financial manager, would have done differently or suggested as improvements.

Background: Describe both of the firms and their management, including their strategic objectives. Provide sufficient detail to support the rest of your analysis. III. Evaluation of the Firms

A. Analyze companies cash flow management practices for the last three fiscal years, including cash, accounts receivables, accounts payable, fixed assets, and inventory. Cite specific examples and figures to illustrate.

B. Analyze companies working capital cash flow management practices, including cash, accounts receivables, accounts payables, fixed assets, and inventory. Cite specific examples and figures to illustrate.

balance Sheet

All numbers in thousands

Balance Sheet

All numbers in thousands

Period Ending	9/30/2017	9/24/2016	9/26/2015
Current Assets
Cash And Cash Equivalents	20,289,000	20,484,000	21,120,000
Short Term Investments	53,892,000	46,671,000	20,481,000
Net Receivables	35,673,000	29,299,000	30,343,000
Inventory	4,855,000	2,132,000	2,349,000
Other Current Assets	13,936,000	8,283,000	15,085,000
Total Current Assets	128,645,000	106,869,000	89,378,000
Long Term Investments	194,714,000	170,430,000	164,065,000
Property Plant and Equipment	33,783,000	27,010,000	22,471,000
Goodwill	5,717,000	5,414,000	5,116,000
Intangible Assets	2,298,000	3,206,000	3,893,000
Accumulated Amortization	-	-	-
Other Assets	10,162,000	8,757,000	5,422,000
Deferred Long Term Asset Charges	-	-	-
Total Assets	375,319,000	321,686,000	290,345,000
Current Liabilities
Accounts Payable	74,793,000	59,321,000	60,671,000
Short/Current Long Term Debt	18,473,000	11,605,000	10,999,000
Other Current Liabilities	7,548,000	8,080,000	8,940,000
Total Current Liabilities	100,814,000	79,006,000	80,610,000
Long Term Debt	97,207,000	75,427,000	53,329,000
Other Liabilities	40,415,000	36,074,000	33,427,000
Deferred Long Term Liability Charges	2,836,000	2,930,000	3,624,000
Minority Interest	-	-	-
Negative Goodwill	-	-	-
Total Liabilities	241,272,000	193,437,000	170,990,000
Stockholders' Equity
Misc. Stocks Options Warrants	-	-	-
Redeemable Preferred Stock	-	-	-
Preferred Stock	-	-	-
Common Stock	35,867,000	31,251,000	27,416,000
Retained Earnings	98,330,000	96,364,000	92,284,000
Treasury Stock	-	-	-
Capital Surplus	-	-	-
Other Stockholder Equity	-150,000	634,000	-345,000
Total Stockholder Equity	134,047,000	128,249,000	119,355,000
Net Tangible Assets	126,032,000	119,629,000	110,346,000

Cash Flow

All numbers in thousands

Period Ending	6/30/2017	6/30/2016	6/30/2015
Net Income	21,204,000	16,798,000	12,193,000
Operating Activities, Cash Flows Provided By or Used In
Depreciation	8,778,000	6,622,000	5,957,000
Adjustments To Net Income	7,873,000	11,981,000	10,005,000
Changes In Accounts Receivables	-925,000	-530,000	1,456,000
Changes In Liabilities	2,000,000	-938,000	-79,000
Changes In Inventories	50,000	600,000	-272,000
Changes In Other Operating Activities	527,000	-1,208,000	408,000
Total Cash Flow From Operating Activities	39,507,000	33,325,000	29,668,000
Investing Activities, Cash Flows Provided By or Used In
Capital Expenditures	-8,129,000	-8,343,000	-5,944,000
Investments	-12,511,000	-14,417,000	-12,868,000
Other Cash flows from Investing Activities	-26,141,000	-1,190,000	-4,189,000
Total Cash Flows From Investing Activities	-46,781,000	-23,950,000	-23,001,000
Financing Activities, Cash Flows Provided By or Used In
Dividends Paid	-11,845,000	-11,006,000	-9,882,000
Sale Purchase of Stock	-11,016,000	-15,301,000	-13,809,000
Net Borrowings	31,459,000	18,283,000	13,661,000
Other Cash Flows from Financing Activities	-190,000	-369,000	362,000
Total Cash Flows From Financing Activities	8,408,000	-8,393,000	-9,668,000
Effect Of Exchange Rate Changes	19,000	-67,000	-73,000
Change In Cash and Cash Equivalents	1,153,000	915,000	-3,074,000