FIN/419
December 10, 2012
Working Capital Strategies
In the last decade Apple Inc. has yielded exponential growth. As a company, the imaginative and invocative approaches of technological product advancements have enable Apple, Inc. to achieve an elite status among technology companies throughout the world. Apple, Inc. serves as an inspiration to many companies through higher benchmark standards they created. Though their product margin is not as vast as most technological competitors, Apple, Inc. innovates and releases a new product to consumers. Apple, Inc. has proven to able to move and create new markets with one product that allows Apple, Inc. to rain as the elite player in technology.
This paper will review Apple, Inc. most recent financial reports such as balance sheets, statements of cash flow, management comments, and footnotes to financial statements, to explain how each current asset and liability account has affected cash management strategies. This paper also includes an assumed forecasted revenues increase of 20% for 2013.
As a stakeholder, shareholder, or investor the ability to gain a brief, yet fundamental understanding of Apple, Inc.’s operational controls in reference to their current assets and liability accounts through the information provided in Apple, Inc.’s 2012. Financial reports, such as the company balance sheet as well as statement of cash flow with the intent to study the effectiveness of the companies cash management strategies serves as an essential piece toward the decision-making process of a company to encourage and enhance a company’s leveraged growth while enhancing the companies strength and longevity from September 23, 2011 through September 28, 2012.
Apple, Inc. has seen a strong leveraged growth, in the company’s balance sheet; the balance sheet shows that from 2011 to 2012 Apple, Inc.’s total current assets have increased 22% from $44,988,000 to $57,653,000, all numbers in