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$ 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

Quickbooks Online Accounting
Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.5C
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$ 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 $59,549 265,595 136,819 Total assets 365,725 232,792 Required 1. Compute common-size percents for each company using the data given. Round percents to one decimal. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales? 1
Transcribed Image Text:$ 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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