Key figures for Apple and Google follow ($ millions). Required 1. Compute the ratio of segment revenue
Question:
Key figures for Apple and Google follow ($ millions).
Required
1. Compute the ratio of segment revenue divided by segment assets for each of the segments of Apple and Google for the most recent year shown. (We do not compute the segment return on assets as Google did not report its segment income.)
2. Interpret and comment on your results of part 1.
Transcribed Image Text:
Current Year One Year Prior Segment Segment Segment Segment Segment Segment Revenue Income Apple Segment Domestic. International . .. Assets Revenue Income Assets 62,739 $22,817 5,653 $57,512 $23,414 $5,525 108,171 36,163 13,261 98,996 39.439 9,752 Current Year One Year Prior Segment Segment Segment Segment Segment Segment Google Segment Revenue IncomeAssets Revenue Income Assets na $24,004 $23,502 na. $20,985 12,359 Domestic..$26,768 33,057 14,030 26,673 n.a. n.a
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (21 reviews)
1 Apple Current Year RevenueSegment Assets Domestic segment 62739 5653 55252 1122 Intern...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Question Posted:
Students also viewed these Accounting questions
-
1. Compute the ratio of segment revenue divided by segment assets for each of the segments of Apple and Google for the most recent year shown. 2. Interpret and comment on your results from part 1....
-
Key comparative figures for Apple and Google follow. 1. What is the debt ratio for Apple in the current year and for the prior year? 2. What is the debt ratio for Google in the current year and for...
-
Key comparative figures for Apple and Google follow. 1. What is the debt ratio for Apple in the current year and for the prior year? 2. What is the debt ratio for Google in the current year and for...
-
In Problems, use a calculator to give a decimal approximation of the numbers to three decimal places. e 4
-
Public goods are both nonrival and nonexclusive. Explain each of these terms and show clearly how they differ from each other.
-
Emerging Electric wishes to create a database with the following entities and attributes: Customer, with attributes Customer ID, Name, Address (Street, City, State, Zip Code), and Telephone ...
-
In 1997, Bernard Bilski and Rand Warsaw filed a patent application for a method of hedging risk in the field of commodities trading. In effect, the asserted invention was a method of protecting...
-
Steeley Associates, Inc., a property development firm, purchased an old house near the town square in Concord Falls, where State University is located. The old house was built in the mid-1800s, and...
-
Question two (20mks) Building Societies Act is a well structured and balanced Organism that spells out different functions. Identify and describe the organization and management of building society...
-
Grover Inc. uses the allowance method to account for uncollectible accounts expense. Grover Inc. experienced the following four accounting events in 2018: 1. Recognized $92,000 of revenue on account....
-
Refer to Apples financial statements in Appendix A to answer the following. 1. Identify the note that reports on Apples business segments. 2. Describe the focus and activities of each of Apples...
-
Access the March 12, 2013 filing of the fiscal 2013 10-K report for Dell (ticker DELL) at www.SEC.gov. Read its Note 15 that details Dells segment information and answer the following. 1. Dells...
-
Morrison Bank has collected the following information for four activities and two types of credit cards: There are 5,000 holders of Classic cards and 20,000 holders of the Gold cards. Required:...
-
Which technological, organizational, and financial innovations caused the rise of hospitals in the twentieth century?
-
You work as a social media marketer at a brand management company in downtown Toronto with two other people you know from your college days at Conestoga. The three of you often work in teams in order...
-
Does a grade point average (GPA) score truly reflect academic ability? Is it reliable and valid? Does a student's first year GPA predict his or her final year GPA?
-
You are the Strategic Planner for ABC Health, a large nonprofit healthcare system in central PA. Congratulations! Your Board of Directors and the Executive Directive are exploring a possible merger...
-
Do you agree with the fundamental assertion that humans are primarily concerned with uncertainty reduction in initial interactions, or might there be other concerns that could outweigh this concern...
-
Bell and Booker have been partners for some years, making up their accounts annually to 31 December. The partnership agreement contained the following provisions. Interest was allowed on capitals at...
-
Using (1) or (2), find L(f) if f(t) if equals: t cos 4t
-
On January 4 of this year, Diaz Boutique incurs a $105,000 cost to modernize its store. Improvements include new floors, ceilings, wiring, and wall coverings. These improvements are estimated to...
-
Caleb Co. owns a machine that costs $42,400 with accumulated depreciation of $18,400. Caleb exchanges the machine for a newer model that has a market value of $52,000. (1) Record the exchange...
-
Refer to the statement of cash flows for Google in Appendix A for the fiscal year ended December 31, 2013, to answer the following. 1. What amount of cash is used to purchase property and equipment?...
-
1) Pretend that you work in a hospital. Its not really possible to have an MVP for something like surgery. For example, you cant complete half a surgery, check for market feedback, then go back and...
-
Many Geotechnical engineering projects require knowledge of the shear strength of soils. What is the purpose and goal of the direct shear test ?
-
a) A person has set out to deposit $750 per month for 5 years (60 months) into a bank account that pays 1.75% per month interest at the end of each month. What will be the accumulated amount at the...
Study smarter with the SolutionInn App