Question: Key figures for Apple and Google follow. table [ [ $ millions,Apple,Google ] , [ Current Year, 1 Year Prior, 2 Years Prior,Current Year,
Key figures for Apple and Google follow.
table$ millions,Apple,GoogleCurrent Year, Year Prior, Years Prior,Current Year, Year Prior,Operating cash flows,$ $ $ $ $ Total assets,
Required:
Compute the recent two years' cash flow on total assets ratios for Apple and Google.
For the current year, which company has the better cash flow on total assets ratio?
For the current year, does cash flow on total assets outperform or underperform the industry assumed average of for
a Apple and
b Google?
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Compute the recent two years' cash flow on total assets ratios for Apple and Google.
Note: Round final answers to decimal place.
tableCash Flow On Total Assets Ratio,Current Year,Prior Year,Apple
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