Question: Key comparative figures for Apple and Google follow. Required 1. Compute the book value per common share for each company using these data. 2. Compute

Key comparative figures for Apple and Google follow.

Key Figures Net income (in millions) . Cash dividends declared per common share Common shares outstanding (in millions)

Required
1. Compute the book value per common share for each company using these data.
2. Compute the basic EPS for each company using these data.
3. Compute the dividend yield for each company using these data. Does the dividend yield of either of the companies characterize it as an income or growth stock? Explain.
4. Compute, compare, and interpret the price-earnings ratio for each company using these data.

Key Figures Net income (in millions) . Cash dividends declared per common share Common shares outstanding (in millions) . Weighted-average common shares outstanding (in millions) Market value (price) per share .... Equity applicable to common shares (in millions) Google Apple $ 10,737 $ 41,733 2.65 $ 329,979 327,213 939,208 934,818 $ 655.88 $ 707.38 $ 71,715 $I18,210

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