Question: BTN 15-9 Samsung , Apple , and Google are competitors in the global marketplace. Following are selected data from each company. Key Figure Samsung (Korean

BTN 15-9 Samsung, Apple, and Google are competitors in the global marketplace. Following are selected data from each company.

Key Figure

Samsung (Korean won millions)

Apple

Google

Current Year

One Year Prior

Two Years Prior

Current Year

Prior Year

Current Year

Prior Year

Net income

19,060,144

23,394,358

30,474,764

Net sales

200,653,482

206,205,987

228,692,667

Total assets

242,179,521

230,422,958

214,075,018

Profit margin

?

?

22.8%

21.6%

21.8%

21.4%

Total asset turnover

?

?

0.89

0.83

0.54

0.55

Page 661

Required

Compute Samsungs return on total assets, and its components of profit margin and total asset turnover, for the most recent two years using the data provided.

Which of these three companies has the highest return on total assets? Highest profit margin? Highest total asset turnover? Interpret these results for the (a) current year and (b) prior year.

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