ZuoTi.Pro
Question

Read the financial statement footnote of Microsoft corporation that describes cash and cash equivalents. What do...

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?

(please type it)

business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Cash & cash equivalent is $ 11,356 in 2019 and $ 11,946 in 2018 as per the balance sheet of microsoft corporation.

As per the balance sheet, it represents that microsoft has the robust liquidity and such cash & cash equivalent can be used for their contingencies (if become liability) mentioned in the notes to accounts or for investing in any future project which would maintain their debt equity ratio. Though the amount of cash & cash equivalent is reduced by $ 590 because of the higher cash outflow in financing & investing activity in 2019 as compared to 2018.

Most of the cash comes from the Operating activity as per the cash flow statement because of the higher net income in 2019 as comparison to previous years. Also, in financing & investing activity cash outflow is higher as comparison to previous years which reduces the cash inflow of operating activity.

0 0
Add a comment
Know the answer?
Add Answer to:
Read the financial statement footnote of Microsoft corporation that describes cash and cash equivalents. What do...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Read the financial statement footnote of Microsoft corporation that describes cash and cash equivalents. What do...

    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 company’s 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...

  • Read the below scenario. Choose the type of financial statement that would best describe what is...

    Read the below scenario. Choose the type of financial statement that would best describe what is occurring financially. You own a small cell phone repair business. Every month you have $10,000 coming into the business (a lot of people are breaking their phones). From that $10,000, you have a pay a few bills (salaries, rent, and supplies). You also have to pay taxes. After paying all of your obligations, you have $1,500 remaining. What financial statement would best describe this...

  • Q2/ A first-year co-op student is trying to determine the amount of cash and cash equivalents...

    Q2/ A first-year co-op student is trying to determine the amount of cash and cash equivalents that should be reported on a company’s statement of financial position. The following information was provided to the student at year end: 1. Cash on hand in the cash registers totals $3,160. 2. The balance in the commercial bank savings account is $53,600 and in the commercial bank chequing account, $22,000. The company also has a U.S. bank account, which contains the equivalent of...

  • On June 30, 2010, Microsoft Corporation was holding $4.8 billion of cash that it had collected...

    On June 30, 2010, Microsoft Corporation was holding $4.8 billion of cash that it had collected from customers in advance for future software licenses and the future delivery of other products and services. In its financial statements, Microsoft classified and recorded this amount as O part of revenue on its income statement. O the asset Accounts Receivable on its balance sheet. O the liability Unearned Revenue on its balance sheet. O an expense on its income statement.

  • What types of inventory does microsoft corporation hold: raw materials, work in process, finished goods…. Please...

    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) please type the answer and write in detail

  • 2.3 The Balance Sheet & Income Statement that follows summarizes the financial conditions for Microsoft Corporation....

    2.3 The Balance Sheet & Income Statement that follows summarizes the financial conditions for Microsoft Corporation. Microsoft has reported a profit for several years running. Compute the various financial ratios and interpret the firm's financial health during fiscal-year 2018 ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA INCOME STATEMENTS In miions,except per share amount) Year Ended June 30 4,497 $63,811 67.336 23,818 Service and other 45,863 Total revenue 110 380 96,571 91,154 Cost of revenue 15,420 22,933 19.086 38.353 72,007 14,726...

  • 7-88 Analyzing Financial Statements Using the Internet: Deckers Outdoor Corporation Go to Deckers Outdoor Corporation's latest...

    7-88 Analyzing Financial Statements Using the Internet: Deckers Outdoor Corporation Go to Deckers Outdoor Corporation's latest annual report information on its Web site. Deckers Outdoor Corporation is the exclusive licensee for the manufacture of Teva footwear. Use the latest 10-K filing to find financial report data. Answer the following questions about Deckers: 1. What percentage of revenues does Teva represent? Have revenues related to Teva products increased or decreased over the past few years? 2. Read the Summary of Significant...

  • Was there a net increase or decrease in cash and cash equivalents for 2018?   ____________ What...

    Was there a net increase or decrease in cash and cash equivalents for 2018?   ____________ What was the amount?   ____________ (remember the statement is in millions) Apple Inc. TED STATEMENTS OF CASH FLOWS (In millions) Years endod September 29, 2018 September 30, 2017 September 24, 2016 Cash and cash equivalents, beginning of the year 21.120 Adjustments to reconcile net income to cash generated by operating activities: Deterred income tax expense/(benefit) (32,590) Changes in operating assets and liabilities Other current and...

  • and cash equivalents, January 1 Cash and cash equivalents, December 31 28,600 $233,000 Required: Prepare the...

    and cash equivalents, January 1 Cash and cash equivalents, December 31 28,600 $233,000 Required: Prepare the statement of cash flows assuming that Bronco prepares its financial statements according to Inter- national Financial Reporting Standards. Where IFRS allows flexibility, use the classification used most often in IFRS financial statements. Presented'below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. TIGER ENTERPRISES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $7,000 Operating...

  • What is the purpose of Financial Statement Analysis? How do the three types of financial statement...

    What is the purpose of Financial Statement Analysis? How do the three types of financial statement analysis differ from each other and when is each used? Types- Vertical, Horizontal, and Ratio Looking for an original answer. Please don't cut and paste. If you use a source, please provide link or source for citation. Thank You.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT