Key figures for Apple and Google follow. Required 1. Compute common-size percents for each company using the
Question:
Key figures for Apple and Google follow.
Required
1. Compute common-size percents for each company using the data given. Round percents to one decimal.
2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease?
3. Which company has the better gross margin ratio on sales?
Transcribed Image Text:
S millons Apple Google $ mlons Apple Google Cash and equivalents.. $25,913 $ 16,701 Cost of sales . $163,756 $ 59,549 Accounts receivable, net 23,186 20,838 Revenues.. 265,595 136,819 Inventories. 3,956 1,107 Total assets. 365,725 232,792 Retained earnings.. 134,885 70,400
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Commonsize percents for Apple Cash and equivalents 433Accou...View the full answer
Answered By
Maurat Ivan
I have been working in the education and tutoring field for the past five years, and have gained a wealth of experience and knowledge in this area. I have a bachelor's degree in education, and have completed additional coursework in teaching and tutoring.
In my previous roles, I have worked as a teacher in both private and public schools, teaching a variety of subjects including math, science, and English. I have also worked as a private tutor, providing one-on-one tutoring to students in need of additional support and guidance.
In my current role, I work as an online tutor, providing virtual tutoring services to students around the world. I have experience using a variety of online tutoring platforms and technologies, and am comfortable working with students of all ages and skill levels.
I am passionate about helping students succeed and reach their full potential, and I believe that my education and tutoring experience make me an excellent candidate for a tutoring job at SolutionInn. I am confident that my knowledge, skills, and experience will enable me to provide top-quality tutoring services to students on the SolutionInn platform.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting Information For Decisions
ISBN: 9781260705584
10th Edition
Authors: John J. Wild
Question Posted:
Students also viewed these Business questions
-
Key figures for Apple and Google follow. *Apple did not report interest expense for these periods. Amounts included in this table are assumed for purposes of this analysis. Required 1. Compute times...
-
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...
-
The Sellinger Business School's Information Technology Service (ITS) is considering a new process to refurbish older computers in order to save on costs of buying new computers. The five steps to the...
-
Calculate the energy change for the following nuclear reaction (in joules per mole of Give the energy change in MeV per nucleus. See Table 20.3. H) H +H Heon 97 97 98 98 01 02 03 03 04 03 04 04 OS...
-
In its first month of operations Rusch BBQ made three purchases of sausages in the following sequence: (1) 300 pounds at $6, (2) 400 pounds at $7, and (3) 200 pounds at $8. Assuming there are 450...
-
List, describe, and provide examples of the various defenses available to a defendant charged with a business crime.
-
Ron Howard recently took over as the controller of Johnson Brothers Manufacturing. Last month, the previous controller left the company with little notice and left the accounting records in disarray....
-
The _________ provides a portion of the system call interface for UNIX and Linux.
-
Imagine that Howard has asked you to write some queries to help him make better use of his data. For each information request below, write a single query that provides the answer set. When a task...
-
In the current year, Aveeno reported net income of $50,400, which was a 12% increase over prior year net income. Compute prior year net income.
-
Selected comparative financial statement information of Bluegrass Corporation follows. Required 1. Compute each years current ratio. Round ratios to one decimal. 2. Express the income statement data...
-
Community hospital average daily cost data for the years 1980-1995 are provided in the file P3_72.XLS. Do the yearly distributions of average cost figures tend to become more or less variable over...
-
If a companies current ratio went from 1.40 one year to 1.22 the following year, what does that mean for the company?
-
Paul Daze Growers accumulated actual MOH costs this year of $ 4 8 , 8 8 0 , even though it had budgeted $ 5 4 , 8 1 0 of MOH. It allocates MOH based on the direct labor hours of its workers. At the...
-
The following information is available for Shanahan Company for the current year: The cash outflow to purchase Inventory through Accounts payable 2 5 0 , 0 0 0 Beginning Balance Ending Balance...
-
On January 1, 2023, Continuous Computing leased a set of servers from Harry's Hardware with annual payments of $26,000 for 4 years. The servers are expected to have a useful life of 6 years and have...
-
Describe the difference between pre-money and post-money valuation. In what settings are investors most likely to focus on pre-money valuation, and when on post-money valuation?
-
Let u = (u1, u2, u3)T R3 be a unit vector. Show that Qn = 2uuT - I represents rotation around the axis u through an angle .
-
You are a Loan Officer with an Investment Bank. Today you need to set your lending parameters. They are: LTV: 55% 10 Year T-Bill: TBD Rate Markup: 300 Basis Points Term: 30 Years Amortization: 30...
-
What is a petty cash receipt? Who should sign it?
-
Why should cash receipts be deposited on the day of receipt?
-
Research In Motions statement of cash flows in Appendix A describes changes in cash and cash equivalents for the year ended February 27, 2010. What total amount is provided (used) by investing...
-
Below are an Excel spreadsheet with the values shown and below that, another sheet with the formulas shown. The spreadsheet is used to calculate intrinsic value using the Non-zero Growth Model....
-
Samantha wants to go to college. After doing some research into how much they can expect to earn after they graduate, they are only comfortable paying $400 per month for their student loans. Federal...
-
During 2024, Peaceful River Spa reported revenue of $50,000. Total expenses for the year were $32,000. Peaceful River Spa ended the year with total assets of $38,000, and it owed debts totaling...
Study smarter with the SolutionInn App