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Key figures for Apple and Google follow. $ millions Operating cash flows Total assets Current Year $ 69,391 338,516 Apple Google Complete this question by entering your answers in the tabs below. 20.5% 19.80% Required: 1. Compute the recent two years' cash flow on total assets ratios for Apple and Google. 2. For the current year, which company has the better cash flow on total assets ratio? 3. For the current year, does cash flow on total assets outperform or underperform the industry (assumed) average of 15% for (a) Apple and (b) Google? Required 1 Required 2 Compute the recent two years' cash flow on total assets ratios for Apple and Google. Note: Round final answers to 1 decimal place. Required Cash Flow On Total Assets Ratio Current Year Prior Year Apple 1 Year Prior $77,434 365,725 Answer is complete but not entirely correct. 2 Years Prior $ 64,225 375,319 20.6 21.2Ⓒ% 00 Current Year $ 54,520 275,909 Google 1 Year Prior $ 47,971 232,792 2 Years Prior $ 37,091 197,295

Key figures for Apple and Google follow. $ millions Operating cash flows Total assets Current Year $ 69,391 338,516 Apple Google Complete this question by entering your answers in the tabs below. 20.5% 19.80% Required: 1. Compute the recent two years' cash flow on total assets ratios for Apple and Google. 2. For the current year, which company has the better cash flow on total assets ratio? 3. For the current year, does cash flow on total assets outperform or underperform the industry (assumed) average of 15% for (a) Apple and (b) Google? Required 1 Required 2 Compute the recent two years' cash flow on total assets ratios for Apple and Google. Note: Round final answers to 1 decimal place. Required Cash Flow On Total Assets Ratio Current Year Prior Year Apple 1 Year Prior $77,434 365,725 Answer is complete but not entirely correct. 2 Years Prior $ 64,225 375,319 20.6 21.2Ⓒ% 00 Current Year $ 54,520 275,909 Google 1 Year Prior $ 47,971 232,792 2 Years Prior $ 37,091 197,295

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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Key figures for Apple and Google follow. $ millions Operating cash flows Total assets Current Year $ 69,391 338,516 Apple Google Complete this question by entering your answers in the tabs below. 20.5% 19.8 Apple 1 Year Prior $77,434 365,725 Required: 1. Compute the recent two years' cash flow on total assets ratios for Apple and Google. 2. For the current year, which company has the better cash flow on total assets ratio? 3. For the current year, does cash flow on total assets outperform or underperform the industry (assumed) average of 15% for (a) Apple and (b) Google? Required 1 Required 2 Req Compute the recent two years' cash flow on total assets ratios for Apple and Google. Note: Round final answers to 1 decimal place. Cash Flow On Total Assets Ratio Current Year Prior Year % 2 Years Prior $ 64,225 375,319 Answer is complete but not entirely correct. 21.2Ⓒ% 20.6 Current Year $ 54,520 275,909 Google 1 Year Prior $ 47,971 232,792 2 Years Prior $ 37,091 197,295
Transcribed Image Text:Key figures for Apple and Google follow. $ millions Operating cash flows Total assets Current Year $ 69,391 338,516 Apple Google Complete this question by entering your answers in the tabs below. 20.5% 19.8 Apple 1 Year Prior $77,434 365,725 Required: 1. Compute the recent two years' cash flow on total assets ratios for Apple and Google. 2. For the current year, which company has the better cash flow on total assets ratio? 3. For the current year, does cash flow on total assets outperform or underperform the industry (assumed) average of 15% for (a) Apple and (b) Google? Required 1 Required 2 Req Compute the recent two years' cash flow on total assets ratios for Apple and Google. Note: Round final answers to 1 decimal place. Cash Flow On Total Assets Ratio Current Year Prior Year % 2 Years Prior $ 64,225 375,319 Answer is complete but not entirely correct. 21.2Ⓒ% 20.6 Current Year $ 54,520 275,909 Google 1 Year Prior $ 47,971 232,792 2 Years Prior $ 37,091 197,295
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