Key comparative figures ($ millions) for both Apple and Google follow. Apple Google Key Figure Current Year Prior Year Current Year Prior Year Liabilities + Equity $375,319 $321,686 $197,295 $167,497...


Key comparative figures ($ millions) for both Apple and Google follow.














































AppleGoogle
Key FigureCurrent YearPrior YearCurrent YearPrior Year
Liabilities + Equity$375,319$321,686$197,295$167,497
Net income48,35145,68712,66219,478
Revenues229,234215,639110,85590,272




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?



Jun 02, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions ยป

Submit New Assignment

Copy and Paste Your Assignment Here