$ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Apple Google $25,913 $16,701 23,186 20,838 3,956 1,107 70,400 134,885 $163,756 $59,549 265,595 136,819 Total assets 365,725 232,792 Required 1. Compute common-size percents for each company using the data given. Round percents to one decimal. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales? 1
$ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Apple Google $25,913 $16,701 23,186 20,838 3,956 1,107 70,400 134,885 $163,756 $59,549 265,595 136,819 Total assets 365,725 232,792 Required 1. Compute common-size percents for each company using the data given. Round percents to one decimal. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales? 1
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.5C
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Transcribed Image Text:$ millions
Cash and equivalents
Accounts receivable, net
Inventories
Retained earnings
Cost of sales
Revenues
Apple Google
$25,913 $16,701
23,186 20,838
3,956
1,107
70,400 134,885
$163,756 $59,549
265,595 136,819
Total assets
365,725 232,792
Required
1. Compute common-size percents for each company using the data given. Round percents to one decimal.
2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease?
3. Which company has the better gross margin ratio on sales?
1
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