Key comparative figures ($ millions) for both Apple and Google follow. Required 1. What is the total

Question:

Key comparative figures ($ millions) for both Apple and Google follow.

Required

1. What is the total amount of assets invested in

(a) Apple

(b) Google?

2. What is the return on assets for?

(a) Apple

(b) Google? Apple’s beginning-year assets equal $176,064 (in millions) and Google’s beginning-year assets equal $93,798 (in millions).

3. How much are expenses for

(a) Apple

(b) Google?

4. Is return on assets satisfactory for?

(a) Apple

(b) Google? (Assume competitors average a 10% return.)

5. What can you conclude about Apple and Google from these computations?

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Related Book For book-img-for-question

Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Apr 23, 2015 02:50 AM

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Key comparative figures ($ millions) for both Apple and Google follow. Required 1. What is the total

Question:

Key Figure Apple Google Liabilities Equity $207,000 Net income... Revenues and sales.·······.. 37,037 170,910 110,920 12.920 59,825

Step by Step Answer:

millions Apple Google 1 Total assets Liabilities Equity 207000 110920 ...View the full answer

Fundamental Accounting Principles

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