Question: Key comparative figures ($ millions) for both Apple and Google follow. Required 1. What is the total amount of assets invested in (a) Apple (b)

Key comparative figures ($ millions) for both Apple and Google follow.

Key comparative figures ($ millions) for both Apple and Google


Required

1. What is the total amount of assets invested in

(a) Apple

(b) Google?

2. What is the return on assets for?

(a) Apple

(b) Google? Apple’s beginning-year assets equal $176,064 (in millions) and Google’s beginning-year assets equal $93,798 (in millions).

3. How much are expenses for

(a) Apple

(b) Google?

4. Is return on assets satisfactory for?

(a) Apple

(b) Google? (Assume competitors average a 10% return.)

5. What can you conclude about Apple and Google from these computations?

Key Figure Apple Google Liabilities Equity $207,000 Net income... Revenues and sales... 37,037 170,910 110,920 12.920 59,825

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