Alphabet Inc., the parent of Google, reported the following financial data (amounts in millions): Sales Net...

 

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Alphabet Inc., the parent of Google, reported the following financial data (amounts in millions): Sales Net income (loss) Year Ended December 31, 2016 2015 2014 $90,272 $74,989 $66,001 19,478 16,348 14,136 Interest expense 0 Preferred stock dividend 0 35% 0 0 35% 0 0 35% Income tax rate January 31: Total assets Preferred stock 0 0 Total common shareholders' equity 139,036 120,331 103,860 Calculate ROCE for 2016 using average balances for any balance sheet amounts. 2016 2015 2014 $167,497 $147,461 $129, 187 0 Alphabet Inc., the parent of Google, reported the following financial data (amounts in millions): Sales Net income (loss) Year Ended December 31, 2016 2015 2014 $90,272 $74,989 $66,001 19,478 16,348 14,136 Interest expense 0 Preferred stock dividend 0 35% 0 0 35% 0 0 35% Income tax rate January 31: Total assets Preferred stock 0 0 Total common shareholders' equity 139,036 120,331 103,860 Calculate ROCE for 2016 using average balances for any balance sheet amounts. 2016 2015 2014 $167,497 $147,461 $129, 187 0

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Sep 1 Return On Capital Employed This is the relationship between profit and capital employed and ca... View the full answer