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.

Apple Google Key Figures Current Year Current Year Prior Year Prior Year Liabilities + Equity Net income $375,319 48,351

Required
1. What is the total amount of assets invested for the current year in

(a) Apple

(b) Google?
2. What is the current-year return on assets for

(a) Apple

(b) Google?

3. How much are current-year expenses for

(a) Apple

(b) Google?
4. Is the current-year return on assets better than the 10% return of competitors for

(a) Apple

(b) Google?

5. Relying only on return on assets, would we invest in Google or Apple?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Fundamental Accounting Principles

ISBN: 978-1259916960

24th edition

Authors: John J Wild, Ken Shaw

See More Books

Question Posted: Jul 09, 2019 09:21 AM

See More Questions

Key comparative figures ($ millions) for both Research In Motion and Apple follow. Required 1. What is the total amount of assets invested in (a) Research In Motion and (b) Apple? 2. What is the...
Key comparative figures ($ millions) for both NIKE and Reebok follow: Required: a. What is the total amount of assets invested in (a) NIKE and (b) Reebok? b. What is the return on investment for (a)...
Key comparative figures ($ millions) for both NIKE and Reebok follow: Required: a. Compute common-size percents for both companies using the data provided. b. Which company incurs a higher percent of...
A New York Times editorial argued that college students are taken advantage of by credit card companies: The credit card industry has made a profitable art of corralling consumers into ruinous...
(a) Find the equivalent resistance between points A and B for the combination of resistors shown. (b) An 18-V emf is connected to the terminals A and B. What is the current through the...
The car in Problem 12.16 operates on liquefied petroleum gas (LPG). Assume the LPG can be approximated as C 3 H 8 . Assume the air composition is that of simple air, i.e, 1 kmol of O 2 for every 3.76...
Plaintiff grounds manager sued a manufacturer, Monsanto, alleging that herbicide use caused his non-Hodgkins lymphoma. The jury awarded the plaintiff $$39.3$ million in compensatory damages and...
The road system around the hotel complex on International Drive (node 1) to Disney World (node 11) in Orlando, Florida, is shown in the network of Figure. The numbers by the nodes represent the...
You have been hired as a data analyst for the company. Adventure Works managers have requested that you analyze 3 years of sales and cost data to help them answer specific business questions. In the...
Richard chooses technique 0 and 2 requiring 10+10-20 efforts and provising 10+11=21 benefits. Hence, 21 is returned as the output Example 2: input1: 3 input2: (10,10,10,10) input3: (10,11,12,15)...
On October 1, 2019, Santana Rey launched a computer services company, Business Solutions, that is organized as a proprietorship and provides consulting services, computer system installations, and...
Samsung is a leading global manufacturer that competes with Apple and Google. Key financial figures for Samsung follow. Required 1. What is the return on assets for Samsung in the (a) Current year...
The following table presents the weight (X1), age (X2), and plasma lipid levels of total cholesterol (Y) for a hypothetical sample of 25 patients suffering from hyperlipoproteinemia, before drug...
Padgett invests in Bryant Inc., a glass manufacturing company. As a stockholder, he owns a part of the company and he holds the right to vote on company issues. However, he is entitled to dividends...
Feeling hungry, you decide to take a deep dive into data from your local town regarding estimated tons of oranges for each radius mile away from you (from 1 to 5). Optimistically, you believe that...
how to complete the Statement of Cash Flows ACC 122 Spring 2021 Comprehensive Project BestValue Corporation's Trial Balance at December 31, 20XX is presented below. All 20XX transactions have been...
d . The metal with the highest energy Fermi level from the options below is: i . Pb , Valency ( q ) = 4 , molar volume 1 8 . 2 6 cm - 3 ii . Al , Valency ( q ) = 3 , molar volume 1 0 cm - 3 iii. Zn ,...
I. Explain Requirements Engineering Process. I [04] [10 Marks] II. Explain System Modeling, its benefits and explain various types of modeling. [05] [10 Marks] III. Explain Prototyping and its role...
A 6 12-in. plate is subjected to four loads as shown. Find the resultant of the four loads and the two points at which the line of action of the resultant intersects the edge of the plate. 50 lb 20...
Why is inventory management important for merchandising and manufacturing firms and what are the main tradeoffs for firms in managing their inventory?
Refer to Exercise 5-3 and prepare journal entries to record each of the merchandising transactions assuming that the buyer uses the periodic inventory system and the gross method. Data From Exercise...
Refer to QS 5-5 and prepare journal entries to record each of the merchandising transactions assuming that the company records purchases using the gross method and a periodic inventory system. Data...
Refer to QS 5-5 and prepare journal entries to record each of the merchandising transactions assuming that the company records purchases using the net method and a perpetual inventory system. Data...
A motorboat is leaving Island A at 5 knots per hour, and can travel in a straight line to Island B. Island A is 25 knots from Island B in a straight line. The wind is out of the northwest at 10 knots...
Please convert the decimal integer -23 to signed binary (32bit). Question 2: Convert following C code to MIPS code A[i+1] g+A[12] + 1; g, i are assigned to $s1, St0 respectively Base address of...
Morbes Magazine is a magazine publisher who began their operations on April 1 , 2 0 2 8 . On this date, Morbes sold 4 0 , 0 0 0 one - year subscriptions, with each subscriber paying $ 3 6 ....

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

Question:

Apple Google Key Figures Current Year Current Year Prior Year Prior Year Liabilities + Equity Net income $375,319 48,351 229,234 $321,686 45,687 215,639 $197,295 12,662 110,855 $167,497 19,478 90,272 Revenues.

Step by Step Answer:

4 a Better Explanation Apples 139 return is good given the mode...View the full answer

Fundamental Accounting Principles

Students also viewed these Business questions