AA 24 2 (Static) Comparative Analysis LO A1 Information on assumed capital investments in the current year for Google and Apple follow (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided ) $ millions Google Apple Initial investment $ (23,548) $ (10,495) Annual net cash flows, years 110 $ 4,000 $ 3,000 Required rate of return on investment 6 7 Required 1 Compute break even time for both companies 2 Based on break even time, which company can expect its investment to more quickly yield positive net cash flows Complete this question by entering your answers in the tabs below Required 1 Required 2 Compute break even time for both companies (Round Break even time answers to 1 decimal place ) Google Apple Break even time years years

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Question: AA 24-2 (Static) Comparative Analysis LO A1 Information on assumed capital investments in the current year for Google and Apple follow. (PV of $1, FV

AA 24-2 (Static) Comparative Analysis LO A1

Information on assumed capital investments in the current year for Google and Apple follow. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

$ millions	Google	Apple
Initial investment	$ (23,548)	$ (10,495)
Annual net cash flows, years 110	$ 4,000	$ 3,000
Required rate of return on investment	6%	7%

Required: 1. Compute break-even time for both companies. 2. Based on break-even time, which company can expect its investment to more quickly yield positive net cash flows?

Complete this question by entering your answers in the tabs below.

Required 1

Required 2

Compute break-even time for both companies. (Round "Break even time" answers to 1 decimal place.)

	Google		Apple
Break-even time		years		years

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