Use the following comparative figures for Apple and Google Key Figures Apple Google Net income (in millions) $ 55,256 $ 34,343 Cash dividends declared per common share $ 3 00 $ Common shares outstanding (in millions) 4,443 236 688 335 Weighted average common shares outstanding (in millions) 4,617 834 692 539 Market value (price) per share $ 293 65 $ 1,339 39 Equity applicable to common shares (in millions) $ 90,488 $ 201,442 Required 1 Compute the basic earnings per share (EPS) for each company using these data 2 Compute the dividend yield for each company using these data 3 Compute the price earnings ratio for each company using these data 4 Based on the price earnings (PE) ratio, for which company do investors have greater expectations about future performance

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Question: Use the following comparative figures for Apple and Google. Key Figures Apple Google Net income (in millions) $ 55,256 $ 34,343 Cash dividends declared per

Use the following comparative figures for Apple and Google.

Key Figures	Apple	Google
Net income (in millions)	$ 55,256	$ 34,343
Cash dividends declared per common share	$ 3.00	$
Common shares outstanding (in millions)	4,443.236	688.335
Weighted-average common shares outstanding (in millions)	4,617.834	692.539
Market value (price) per share	$ 293.65	$ 1,339.39
Equity applicable to common shares (in millions)	$ 90,488	$ 201,442

Required: 1. Compute the basic earnings per share (EPS) for each company using these data. 2. Compute the dividend yield for each company using these data. 3. Compute the price-earnings ratio for each company using these data. 4. Based on the price-earnings (PE) ratio, for which company do investors have greater expectations about future performance?

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