Introduction:
The financial statement which helps in summarizing the assets, equity as well as liabilities that the shareholders of a company hold at a certain point in time is the
To calculate:
The total amount of assets invested in the current year in Apple and Google.
Introduction:
The financial statement which helps in summarizing the assets, equity as well as liabilities that the shareholders of a company hold at a certain point in time is the balance sheet. To know details about what a company owes or what the company owns can be understood by the balance sheet. This is helpful for the investors to know about the investments made by the shareholders in the company.
To calculate:
The return on assets for Apple, Google for the current year.
Introduction:
The financial statement which helps in summarizing the assets, equity as well as liabilities that the shareholders of a company hold at a certain point in time is the balance sheet. To know details about what a company owes or what the company owns can be understood by the balance sheet. This is helpful for the investors to know about the investments made by the shareholders in the company.
To calculate:
The total expenses for the company Apple and Google in the current year.
Introduction:
The financial statement which helps in summarizing the assets, equity as well as liabilities that the shareholders of a company hold at a certain point in time is the balance sheet. To know details about what a company owes or what the company owns can be understood by the balance sheet. This is helpful for the investors to know about the investments made by the shareholders in the company.
If the current year return on assets of Apple and Google is better or worse than the competitors' average of 10% return.
Introduction:
The financial statement which helps in summarizing the assets, equity as well as liabilities that the shareholders of a company hold at a certain point in time is the balance sheet. To know details about what a company owes or what the company owns can be understood by the balance sheet. This is helpful for the investors to know about the investments made by the shareholders in the company.
In which of the companies that is Google or Apple would one invest based on the return on assets.
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- can you help me with this General accounting questionarrow_forwardAWQ Inc. was incorporated two years ago by issuing 5,000 shares of common stock at $400 each and borrowing $240,000 from a bank on a long-term note. Last year, AWQ reported net income of $20,000 and paid a cash dividend of $1,800. Last year, the company also borrowed an additional $320,000 from the bank. What was the total assets on AWQ's balance sheet at the end of the year last year?arrow_forwardprovide correct answer General accounting questionarrow_forward
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