Key comparative figures for both Apple and Google follow. Numbers shown are reported in millions of dollars. Apple Google Current Year Prior Year Current Year $338,516 55, 256 $275,909 34,343 260, 174 161,857 $ millions Liabilities + Equity Net income Revenues Required: 1. What is the total amount of assets invested for the current year in (a) Apple and (b) Google? 2. What is the current-year return on assets for (a) Apple and (b) Google? 3. How much are current-year expenses for (a) Apple and (b) Google? 4-a. Is the current-year return on assets better than the 10% return of competitors for Apple? 4-b. Is the current-year return on assets better than the 10% return of competitors for Google? 5. Relying only on return on assets, would we invest in Google or Apple? Required 1 $365,725 59,531 265,595 Complete this question by entering your answers in the tabs below. Return on assets > Answer is complete but not entirely correct. Required 2 Required 3 < Required 4 What is the current-year return on assets for (a) Apple and (b) Google? (Round your percentage answers to 1 decimal place Apple Google 16.3 % Prior Year $232,792 30,736 136,819 12.5 X % Required 5 Required 1 Required 3 >
Key comparative figures for both Apple and Google follow. Numbers shown are reported in millions of dollars. Apple Google Current Year Prior Year Current Year $338,516 55, 256 $275,909 34,343 260, 174 161,857 $ millions Liabilities + Equity Net income Revenues Required: 1. What is the total amount of assets invested for the current year in (a) Apple and (b) Google? 2. What is the current-year return on assets for (a) Apple and (b) Google? 3. How much are current-year expenses for (a) Apple and (b) Google? 4-a. Is the current-year return on assets better than the 10% return of competitors for Apple? 4-b. Is the current-year return on assets better than the 10% return of competitors for Google? 5. Relying only on return on assets, would we invest in Google or Apple? Required 1 $365,725 59,531 265,595 Complete this question by entering your answers in the tabs below. Return on assets > Answer is complete but not entirely correct. Required 2 Required 3 < Required 4 What is the current-year return on assets for (a) Apple and (b) Google? (Round your percentage answers to 1 decimal place Apple Google 16.3 % Prior Year $232,792 30,736 136,819 12.5 X % Required 5 Required 1 Required 3 >
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter2: Analyzing Transactions
Section: Chapter Questions
Problem 4MAD: Analyze Target The following data (in millions) are taken from the financial statements of Target...
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