Apple is planning on launching a new iPhone in 2019. To support the launch, Apple plans to increase its stock of raw materials by $50mil. Following the increased demand for raw materials, Apple’s suppliers asked for a change in contract terms that would lead to a 25% decrease in Apple’s accounts payable, relative to the 2018 value of $67mil. By how much will Apple’s net working capital change between 2018 and 2019? Will this change correspond to an increase or a decrease in Apple’s cash flows from financing activities? Suppose that Apple forecasts revenues of $120mil, SGA expenditures of $30mil, depreciation expenditures of $20mil, and net income of $33mil. What is the expected cash flow from operating activities of Apple for 2019?
Musculoskeletal System
The musculoskeletal system, also called the locomotor system, is an organ system that gives humans and animals the ability to move using their muscular and skeletal systems. It provides stability, form, support, and movement to the body. The skeleton is composed of bones (skeleton), muscles, cartilage, tendons, ligaments, joints, and other connective tissue that supports and binds tissues and organs together. The musculoskeletal system is subdivided into two broad systems, such as the muscular system and the skeletal system.
Skeletal structure
The skeletal system is the core framework of the human body. The skeletal structure comprises bones and connective tissue, including cartilage, ligaments, and tendons. The skeletal structure of our body acts as a support structure. It maintains the body's shape and is responsible for its movement, blood cell formation, protection of organs, and mineral storage. The skeletal system is referred to as the musculoskeletal system.
Apple is planning on launching a new iPhone in 2019. To support the launch, Apple plans to increase its stock of raw materials by $50mil. Following the increased demand for raw materials, Apple’s suppliers asked for a change in contract terms that would lead to a 25% decrease in Apple’s accounts payable, relative to the 2018 value of $67mil.
By how much will Apple’s net working capital change between 2018 and 2019?
Will this change correspond to an increase or a decrease in Apple’s cash flows from financing activities?
Suppose that Apple
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