Key figures for Apple and Google follow. Required 1. Compute the recent two years cash flow on
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Required
1. Compute the recent two years cash flow on total assets ratios for Apple and Google.
2. What does the cash flow on total assets ratio measure?
3. Which company has the highest cash flow on total assets ratio for the periods shown?
4. Does the cash flow on total assets ratio reflect on the quality of earnings? Explain.
Transcribed Image Text:
Google Apple Current Year 1 Year Prior 2 Years Prior 2 Years Prior Current Year 1 Year Prior $ millons Operating cash flows Total assets.. $ 59,713 231,839 $ 53,666 207,000 $ 26,024 147,461 $ 22,376 129,187 $ 18,659 109,050 $ 81,266 290,479
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Related Book For
Financial Accounting Fundamentals
ISBN: 978-1259726910
6th edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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