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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 2. What is the current-year return on assets for (a) Apple and (b) Google?

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
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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