Key comparative information for Samsung, Apple, and Google follows. Sansung Current Year 1 Year Prior 2 Years Prior $ 56,500 $ 57,515 $ 38,940 302,511 291,179 274,268 In millions Operating cash flows Total assets Required: Apple Current Year 1 Year Prior $ 69,391 338,516 $ 77,434 365,725 Google Current Year 1 Year Prior $ 47,971 232,792 $ 54,520 275,909

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
answer in text form please (without image)
Key comparative information for Samsung, Apple, and Google follows.
In millions
Operating cash flows
Total assets
Required 1
Samsung
Current Year 1 Year Prior 2 Years Prior
$ 38,940
$ 57,515
$ 56,500
291,179
274,268
302,511
Complete this question by entering your answers in the tabs below.
Required:
1. Compute the recent two years' cash flow on total assets ratio for Samsung.
2. Is the change in Samsung's cash flow on total assets ratio favorable or unfavorable?
3. For the current year, is Samsung's cash flow on total assets ratio better or worse than (a) Apple's and (b) Google's?
Required 2
Samsung
Answer is complete but not entirely correct.
Required 3
Compute the recent two years cash flow on total assets ratio for Samsung.
Note: Round final answers to 1 decimal place.
Cash Flow On Total Assets Ratio
Current Year
Prior Year
12.90
19.8
Required 1
Apple
1 Year Prior
$ 77,434
365,725
Current Year
$ 69,391
338,516
Required 2 >
Google
Current Year 1 Year Prior
$ 54,520
$ 47,971
232,792
275,909
Transcribed Image Text:Key comparative information for Samsung, Apple, and Google follows. In millions Operating cash flows Total assets Required 1 Samsung Current Year 1 Year Prior 2 Years Prior $ 38,940 $ 57,515 $ 56,500 291,179 274,268 302,511 Complete this question by entering your answers in the tabs below. Required: 1. Compute the recent two years' cash flow on total assets ratio for Samsung. 2. Is the change in Samsung's cash flow on total assets ratio favorable or unfavorable? 3. For the current year, is Samsung's cash flow on total assets ratio better or worse than (a) Apple's and (b) Google's? Required 2 Samsung Answer is complete but not entirely correct. Required 3 Compute the recent two years cash flow on total assets ratio for Samsung. Note: Round final answers to 1 decimal place. Cash Flow On Total Assets Ratio Current Year Prior Year 12.90 19.8 Required 1 Apple 1 Year Prior $ 77,434 365,725 Current Year $ 69,391 338,516 Required 2 > Google Current Year 1 Year Prior $ 54,520 $ 47,971 232,792 275,909
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps

Blurred answer
Knowledge Booster
Cash Flow Statement Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education