
Concept Introduction:
Financial Statement analysis is done using the components of financial statement. These components are
Requirement-1:
To Calculate:
Ratio of Research and development expenses to Net Sales for Apple for the year 2017
Concept Introduction:
Financial Statement analysis is done using the components of financial statement. These components are Balance sheet, Income statement, Statement of Cash flows etc. Annual report of a company contains financial statement of that year and previous year for comparison. If the company has subsidiaries or segments, the financial statement shall be consolidated for whole business of the company.
Requirement-2:
To Calculate:
Ratio of Research and development expenses to Net Sales for Google for the year 2017
Concept Introduction:
Financial Statement analysis is done using the components of financial statement. These components are Balance sheet, Income statement, Statement of Cash flows etc. Annual report of a company contains financial statement of that year and previous year for comparison. If the company has subsidiaries or segments, the financial statement shall be consolidated for whole business of the company.
Requirement-3:
To Indicate:
The company which has spent more on Research and development expenses

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Chapter 18 Solutions
Fundamental Accounting Principles
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