Key comparative figures for Apple and Google follow.

Required
1. Compute the book value per common share for each company using these data.
2. Compute the basic EPS for each company using these data.
3. Compute the dividend yield for each company using these data. Does the dividend yield of either of the companies characterize it as an income or growth stock? Explain.
4. Compute, compare, and interpret the price-earnings ratio for each company using these data.

Transcribed Image Text:

Key Figures Apple Google Net income (in millions).. Cash dividends declared per common share Common shares outstanding (in millions) Weighted-average common shares outstanding (in millions) Market value (price) per share. .. Equity applicable to common shares (in millions)$123,549 37,037 12,920 899213 279325 273.518 477.25 560.92 87,309 925.33