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Technology Stocks : Apple Inc.
AAPL 273.40-0.1%Dec 26 4:00 PM EST
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To: Kurt Starnes who wrote (14152)5/29/1998 2:44:00 PM
From: Jonathan Bird  Read Replies (2) of 213177
 
Correct me if I am wrong, but wasn't the reduction in assets attributable to a reduction in accounts receivable?

A reduction in receivables would implicitly result in an increase in cash. So that cannot explain the reduction in assets.

And if accounts receivable were reduced, isn't that a good thing?

Its a good thing unless it is caused by a reduction in sales revenues. Receivables genreally rise and fall in proporton to revenues.

just my 2c

Jon Bird
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