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This paper will give an overview of the working capital elements for both Apple Inc. and the Microsoft Corporation for the 2006 fiscal year. Additionally, it will discuss the financial environment of both companies as it relates to regulatory bodies, the importance of control programs, effective internal control techniques, and the impact of the 2002 Sarbanes-Oxley Act.
Elements of Working Capital
The working capital of a company can be better termed as the short term financial state that a company is in. Working capital is described as the current assets and current liabilities of a company and the optimal state is to have current assets that are higher than its current liabilities...
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Common topics in this essay:
- ANALYSIS ON CAPITAL STRUCTURE, DIVIDEND POLICY & WORKING CAPITAL REQUIREMENTS OF
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