Key comparative figures for both Apple and Google follow. Numbers shown are reported in millions of dollars.$ millionsLiabilities + EquityNet incomeRevenuesAppleGoogleCurrent YearPrior Year$ 365,725Current Year$ 275,909$ 338,51655,256260,17459,531265,59534,343161,857Prior Year$ 232,79230,736136,819 2. What is the current-year return on assets for(a) Apple and(b) Google?

The formula to obtain the return on assets is:Return on assets=Net income/Average Total Assets Since…

Answered: Key comparative figures for both Apple…

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter3: The Adjusting Process

Section: Chapter Questions

Problem 29E

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Use the following comparative figures for Apple and Google. Key Figures Net income (in millions) Cash dividends declared per common share Common shares outstanding (in millions) Weighted-average common shares outstanding (in millions). Market value (price) per share Equity applicable to common shares (in millions) Required: 1. Compute the basic EPS for each company using these data. Apple $ 59,531 $ 2.72 4,754.986 4,955.377 $ 220.42 $ 107,147 Google $ 30,736 $ 0.00 695.556 695.070 $ 1,035.61 $ 177,628
Q. I am having some difficulty with questions 1 through 5, I would appreciate some clarification.
Please see attached
Q.
Is the current-year return on assets better than the 10% return of competitors for (a) Apple and (b) Google?
Please answer all parts with explanations thx also need times interest earned for 2014- 2018 and ratio of liabilities to stockholders equity for 2014-2018
* CengageNOWv2 | Online teachin x E Login engagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre.. * еВook Show Me How Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 20Υ5 20Y6 Net income $1,688,000 $2,459,000 Preferred dividends $50,000 $50,000 Average number of common shares outstanding 90,000 shares 110,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. 20Y5 20Υ6 Earnings per Share b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable? Check My Work
Solvency and Profitability Trend Analysis Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y5 20Y4 Net income $1,078,700 $929,900 $781,400 $667,900 $566,000 Interest expense 366,800 334,800 289,100 220,400 175,500 Income tax expense 345,184 260,372 218,792 173,654 135,840 Total assets (ending balance) 8,226,651 8,779,231 6,276,721 6,620,869 5,020,826 Total stockholders' equity (ending balance) 2,543,681 3,148,667 2,003,133 2,553,135 1,531,881 Average total assets 8,502,941 7,527,976 6,448,795 5,517,391 4,722,930 Average stockholders' equity 2,846,174 2,575,900 2,278,134 2,042,508 1,808,307 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years:…
Solvency and Profitability Trend Analysis Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y5 20Y4 Net income $1,078,700 $929,900 $781,400 $667,900 $566,000 Interest expense 366,800 334,800 289,100 220,400 175,500 Income tax expense 345,184 260,372 218,792 173,654 135,840 Total assets (ending balance) 8,226,651 8,779,231 6,276,721 6,620,869 5,020,826 Total stockholders' equity (ending balance) 2,543,681 3,148,667 2,003,133 2,553,135 1,531,881 Average total assets 8,502,941 7,527,976 6,448,795 5,517,391 4,722,930 Average stockholders' equity 2,846,174 2,575,900 2,278,134 2,042,508 1,808,307 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years:…
Calculate the equity multiplier (total assets / total equity) for the firm below. Keep to 2 decimal places and do not convert it. ....for examples, if you calculate 6,000/400 = 15, you should enter 15 into BB to be marked correct. Sales $5,000 COGS $1,200 Depreciation $800 Interest $500 Net Income $200 Total Assets 6000 Total Equity 1300
Zoobilee Inc. reported the following sales and net income amounts: (in thousands) 2020 2019 2018 2017 9,180 $ 8,990 $ 8,770 $ 8,550 Net income 520 500 460 400 Show Zoobilee's trend percentages for sales and net income. Use 2017 as the base year. Sales.... $ (Round your answers to the nearest percent.) Sales.. Net income.. 2020 % % 2019 % % 2018 % % 2017 100 % 100 %
Please help me with show all calculation thanku

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