$ millions Liabilities + Equity Net income Revenues Required 1 Current Year $ 338,516 55,256 260,174...

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$ millions Liabilities + Equity Net income Revenues Required 1 Current Year $ 338,516 55,256 260,174 Return on assets Apple Complete this question by entering your answers in the tabs below. Required 2 Required 3 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? Prior Year $365,725 59,531 265,595 Apple 15.7 % Required 4 What is the current-year return on assets for (a) Apple and (b) Google? Note: Round your percentage answers to 1 decimal place. Google Current Year $ 275,909 34,343 161,857 % Required 1 Google Required 5 Prior Year $ 232,792 30,736 136,819 Required 3 > $ millions Liabilities + Equity Net income Revenues Required 1 Current Year $ 338,516 55,256 260,174 Return on assets Apple Complete this question by entering your answers in the tabs below. Required 2 Required 3 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? Prior Year $365,725 59,531 265,595 Apple 15.7 % Required 4 What is the current-year return on assets for (a) Apple and (b) Google? Note: Round your percentage answers to 1 decimal place. Google Current Year $ 275,909 34,343 161,857 % Required 1 Google Required 5 Prior Year $ 232,792 30,736 136,819 Required 3 >

Answer rating: 100% (QA)

To answer the required questions lets calculate the necessary values based on the provided data Required 1 a Total amount of assets invested for the c... View the full answer