Question: FSA 1-2 Key comparative figures ($ millions) for both Apple and Google follow. Required Statements Apple Google Key Figure Current Year Prior Year Current Year

FSA 1-2 Key comparative figures ($ millions) for both Apple and Google follow. Required Statements Apple Google Key Figure Current Year Prior Year Current Year Prior Year Liabilities + Equity $321,686 $290,345 $167,497 $147,461 Net income Revenues. 45,687 53,394 19,478 16,348 215,639 233,715 90,272 74,989 1. What is the total amount of assets invested for the current year in (a) Apple and (b) Google? 2. What is the current-year return on assets for (a) Apple and (b) Google? 3. How much are current-year expenses for (a) Apple and (b) Google? 4. Is the current-year return on assets better than the 10% return of competitors for (a) Apple an (b) Google? 5. Relying only on return on assets, would we invest in Google or Apple

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