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Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Apple $ 48,844 22,926 4,106 45,898 161,782 260,174 338,516 Google $ 18,498 25,326 999 152,122 71,896 161,857 275,909 Required: 1. Compute common-size percents for each company using the data given. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales?

Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Apple $ 48,844 22,926 4,106 45,898 161,782 260,174 338,516 Google $ 18,498 25,326 999 152,122 71,896 161,857 275,909 Required: 1. Compute common-size percents for each company using the data given. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales?

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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Show Transcribed Text Required 1 Required 2 Required 3 If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? < Required 1 Required 3 > Required 1 Required 2 Required 3 which company has the better gross margin ratio on sales? Which company has the better gross margin ratio on sales? < Required 2 G Show Transcribed Text G Ĉ Apple Google Ĉ Decrease Increase
Transcribed Image Text:Show Transcribed Text Required 1 Required 2 Required 3 If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? < Required 1 Required 3 > Required 1 Required 2 Required 3 which company has the better gross margin ratio on sales? Which company has the better gross margin ratio on sales? < Required 2 G Show Transcribed Text G Ĉ Apple Google Ĉ Decrease Increase
Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Apple $ 48,844 22,926 4,106 45,898 161,782 260,174 338,516 Required: 1. Compute common-size percents for each company using the data given. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales? $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Google $ 18,498 25,326 999 Complete this question by entering your answers in the tabs below. 152,122 71,896 161,857 275,909 Required 1 Required 2 Required 3 Compute common-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) Apple % % % < Required 1 Google % % % % % % Required 2 >
Transcribed Image Text:Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Apple $ 48,844 22,926 4,106 45,898 161,782 260,174 338,516 Required: 1. Compute common-size percents for each company using the data given. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales? $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Google $ 18,498 25,326 999 Complete this question by entering your answers in the tabs below. 152,122 71,896 161,857 275,909 Required 1 Required 2 Required 3 Compute common-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) Apple % % % < Required 1 Google % % % % % % Required 2 >
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