Part 1: Company Perspective (30 marks)
a) Evaluate the working capital efficiency of Apple in 2017 as compared to 2018 by referring to Source 1 pp. 38-40 and Source 5. In your analysis consider the working capital efficiency of competitors. (Keep in mind that in America they use slightly different terminology) (10 marks)
b) On page 8 of Apple’s Annual Report (Source 1) what are three of the major risks discussed? Are these risks systematic or unsystematic? Why?
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