Vishal AA 1-2 Comparative Analysis LO A1, A2Key comparative figures for both Apple and Google follow5 millionsLiabilities EquityNet IncomeRevenuesAppleCurrent Year Prior Year$338,516 $365,72555,25659,531260,174265,595Required: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?Complete this question by entering your answers in the tabs below.Total amount of assets (in $ millions)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?GoogleCurrent Year$ 275,90934,343161,857AppleRequired 1Required 2 Required 3 Required 4 Required SWhat is the total amount of assets invested for the current year in (a) Apple and (b) Google?Note: Enter your answers in millions of dollars.Required 1GooglePrior Year$ 232,79230,736136,819Required 2 >

The term return on assets (ROA) refers to a financial ratio that indicates how profitable a company…

AA 1-2 Comparative Analysis LO A1, A2 Key comparative figures for both Apple and Google follow Apple 5 millions Liabilities Equity Net Income Revenues Current Year $338,516 55,256 260,174 Prior Year $365,725 59,531 265,595 Total amount of assets (in 5 millions) 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? Complete this question by entering your answers in the tabs below. Google Current Year $ 275,909 34,343 161,857 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? Apple Required 1 Required 2 Required 3 Required 4 Required s What is the total amount of assets invested for the current year in (a) Apple and (b) Google? Note: Enter your answers in millions of dollars. Google Prior Year $ 232,792 30,736 136,819 Required 2 >