Required: Compute the book value per common share for each company using these data.

1. Compute the basic EPS for each company using these data.
2. Compute the dividend yield for each company using these data. Does the dividend yield of either of the companies characterize it as an income or growth stock? Explain.
3. Compute, compare, and interpret the price-earnings ratio for each company using these data.

Key Figures Apple Google Net income (in millions) $41,733 $10,737 Cash dividends declared per common share $2.65 $ Common shares outstanding (in millions) 939,208 329,979 Weighted-average common shares outstanding (in millions) 934,818 327,213 Market value (price) per share $ 655.88 $ 707.38 Equity applicable to common shares (in millions) $118,210

$71,715