Question: 1. Key comparative figures ($ millions) for both Apple and Google appear below: Key Figure: Apple- Liabilities and Equity $290,479, Net Income $53,394, Revenues and
1. Key comparative figures ($ millions) for both Apple and Google appear below:
Key Figure: Apple- Liabilities and Equity $290,479, Net Income $53,394, Revenues and Sales 233,715
Key figure: Google- Liabilities and Equity $147,461 , Net income 16,348, Revenues 74,989
a. What is the total amount invested in (i) Apple and (ii) Google?
b. What is the return on assets for (i) Apple and (ii) Google? Apples beginningyear assets equal $231,839 (in millions) and Googles beginning-years assets equal $129,187 (in millions)
c. How much are expenses for (i) Apple and (ii) Google?
d. Is return on assets satisfactory for (i) Apple and (ii) Google (Assume competitors average a 10% return).
e. What can you conclude about Apple and Google from these computations?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
