Key comparative figures for both Apple and Google follow. Numbers shown are reported in millions of dollars. $ millions Liabilities + Equity Net income Revenues Apple Google Current Year Prior Year $ 365,725 Current Year $ 275,909 $ 338,516 55,256 260,174 59,531 265,595 34,343 161,857 Prior Year $ 232,792 30,736 136,819 2. What is the current-year return on assets for (a) Apple and (b) Google?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Key comparative figures for both Apple and Google follow. Numbers shown are reported in millions of dollars.
$ millions
Liabilities + Equity
Net income
Revenues
Apple
Google
Current Year
Prior Year
$ 365,725
Current Year
$ 275,909
$ 338,516
55,256
260,174
59,531
265,595
34,343
161,857
Prior Year
$ 232,792
30,736
136,819
Transcribed Image Text:Key comparative figures for both Apple and Google follow. Numbers shown are reported in millions of dollars. $ millions Liabilities + Equity Net income Revenues Apple Google Current Year Prior Year $ 365,725 Current Year $ 275,909 $ 338,516 55,256 260,174 59,531 265,595 34,343 161,857 Prior Year $ 232,792 30,736 136,819
2. What is the current-year return on assets for
(a) Apple and
(b) Google?
Transcribed Image Text:2. What is the current-year return on assets for (a) Apple and (b) Google?
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