Question: Google has the following selected data ($ in millions): .......................................2009................ 2008 Net sales........................ $23,651............ $21,796 Net income ........................6,520............... 4,227 Operating cash flows............ 9,316 ...............7,853 Total

Google has the following selected data ($ in millions):
.......................................2009................ 2008
Net sales........................ $23,651............ $21,796
Net income ........................6,520............... 4,227
Operating cash flows............ 9,316 ...............7,853
Total assets....................... 40,497 .............31,768
Required:
1. Calculate the return on assets. Compare it with the amounts calculated for Apple and Dell in Illustration 11-21.
2. Calculate the cash return on assets. Compare it with the amounts calculated for Apple and Dell in Illustration 11-22.
3. Calculate the cash flow to sales ratio and the asset turnover ratio. Compare the ratios with those calculated for Apple and Dell in Illustrations 11-24 and 11-25.
Is Google's business strategy closer to Apple's or to Dell's?

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