Question: Key comparative figures for both Apple and Google follow. Apple $ millions Current Year Prior Year Liabilities + Equity $365,725 $375, 319 Net income 59,531

 Key comparative figures for both Apple and Google follow. Apple $

Key comparative figures for both Apple and Google follow. Apple $ millions Current Year Prior Year Liabilities + Equity $365,725 $375, 319 Net income 59,531 48,351 Revenues 265,595 229, 234 Google Current Year Prior Year $232,792 $197, 295 30,736 12,662 136, 189 110,855 Required: 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-a. Is the current-year return on assets better than the 10% return of competitors for Apple? 4-b. Is the current-year return on assets better than the 10% return of competitors for Google? 5. Relying only on return on assets, would we invest in Google or Apple? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 What is the total amount of assets invested for the current year in (a) Apple and (b) Google? (Enter your answers in millions of dollars.)

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RealWorld Example Consider Apple and Google as two companies deciding how much to invest in operations The total assets give a clear picture of their financial capacity For instance Apple has a larger ... View full answer

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