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
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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
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?
Required 1 Required 2 Required 3
Complete this question by entering your answers in the tabs below.
$ millions
Cash and equivalents
Accounts receivable, net
Inventories
Retained earnings
Cost of sales
Revenues
Total assets
Google
$ 18,498
25,326
999
152,122
71,896
161,857
275,909
Compute common-size percents for each company using the data given.
Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal
place.
Apple
%
%
%
%
%
%
%
Google
%
%
%
%
%
%
%
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? Required 1 Required 2 Required 3 Complete this question by entering your answers in the tabs below. $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Google $ 18,498 25,326 999 152,122 71,896 161,857 275,909 Compute common-size percents for each company using the data given. Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place. Apple % % % % % % % Google % % % % % % %
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