dont give answer in image format :37Key figures for Apple and Google follow.$ millionsCash and equivalentsAccounts receivable, netInventoriesRetained earningsCost of salesRevenuesTotal assetsApple$ 48,84422,9264,10645,898161,782260,174338,516Required: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?Required 1 Required 2 Required 3Answer is not complete.Complete this question by entering your answers in the tabs below.$ millionsCash and equivalentsAccounts receivable, netInventoriesRetained earningsCost of salesRevenuesTotal assets48.022,926.0Compute common-size percents for each company using the data given. (Input all the values as positive numbers. Enter youranswers in millions. Round your percentage answers to 1 decimal place.)Google$ 18,49825,326999152, 122Apple%%%%%71,896161,857275,909%%69 69Required 114 x7X18,498.025,326.0Google% S%%%%%%Required 2 >7

The Statement of Financial Position - The statement of financial position is the position of the…

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 $ millions Cash and equivalents Accounts receivable, net 45,898 161,782 Inventories Retained earnings Cost of sales Revenues Total assets 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? 48.0 22,926.0 Answer is not complete. Complete this question by entering your answers in the tabs below. 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.) Google $ 18,498 25,326 999 Apple % % 152,122 71,896 161,857 275,909 % % % % % S S 14 < Required 1 7x Google 18,498.0 25,326.0 % % s % %6 % % % Required 2 > 70

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 $ millions Cash and equivalents Accounts receivable, net 45,898 161,782 Inventories Retained earnings Cost of sales Revenues Total assets 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? 48.0 22,926.0 Answer is not complete. Complete this question by entering your answers in the tabs below. 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.) Google $ 18,498 25,326 999 Apple % % 152,122 71,896 161,857 275,909 % % % % % S S 14 < Required 1 7x Google 18,498.0 25,326.0 % % s % %6 % % % Required 2 > 70

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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Zina Manufacturing Company started and completed Job 501 in December with the following Job Cost Sheet and transferred it to the warehouse. Direct Materials Date Dec 17 Dec 30 Total Direct Labor Amount Date Amount $2,000 Dec 20 $4,000 8,000 Dec 30 3,800 Total Job Cost Sheet - Job No. 501 Total Cost The journal entry to record the transaction is A) WIP Inventory FG Inventory B) Cost of Goods Sold WIP Inventory C) FG Inventory WIP Inventory D) FG Inventory WIP Inventory Debit Credit 35,800 17,800 17,800 Manufacturing Overhead Date Amount Dec 24 $10,000 Dec 30 8,000 Total 35,800 35,800 17,800 17,800 35,800
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