Apple and Google compete in several product categories. Sales, income, and asset information is provided for fiscal
Question:
Apple and Google compete in several product categories. Sales, income, and asset information is provided for fiscal year 2013 for each company below.
Required
1. Compute profit margin for each company.
2. Compute investment turnover for each company.
Analysis Component
3. Using your answers to the questions above, compare the companies€™ performance for the year.
Transcribed Image Text:
(in millions) Apple Google $170,910 59, Sales.... Net income ...* _ . .. 37,037 176,064 207,000 12,920 93,798 110,920
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
1 Profit margin Net incomeSales Apple 37037 170910 217 Google 1292059825 ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Question Posted:
Students also viewed these Managerial Accounting questions
-
Information is provided for Lucan Ltd. below. Required: Calculate cost of goods sold and ending inventory for Lucan Ltd., using the average cost and FIFO cost formulas. Assume Lucan uses a periodic...
-
The following information is provided for Techno-World, a company specializing in providing Internet technology assistance for clients: Perform a horizontal analysis of this balance sheet and...
-
The following information is provided for Space Antenna Corp., which manufactures two products: Lo-Gain antennas and Hi-Gain antennas for use in remote areas. Space Antenna plans to produce 175...
-
In Problems 4158, fill in the blank to form a correct inequality statement. If x < 5, then x - 5_ 0.
-
Following up Problem 16.22, even though we take riskiness into account, there still is difficulty with NPV as a decision criterion. Sup-pose that you are facing the two risky projects shown in Figure...
-
One type of valve is shown in Figure 10-1. Brainstorm alternative ways in which valves could be designed. Figure 10-1
-
George Gonzalez Construction Company is considering the purchase of a new road grader. The cost of the road grader is \($68,000\). The road grader has an estimated useful life of seven years and an...
-
General guideline, transfer pricing The Slate Company manufactures and sells television sets. Its assembly division (AD) buys television screens from the screen division (SD) and assembles the TV...
-
25 On 1/1/21, Vitale Co. invested $1,000,000 in Demo Co. for 20% of its outstanding stock. The equity method of accounting is appropriate. Demo Co. pays out 30% of net income in dividends each year....
-
Dain's Diamond Bit Drilling purchased the following assets this year. Assume its taxable income for the year was $53,000 before deducting any §179 expense (assume no bonus depreciation but...
-
Review Apples income statement in Appendix A and identify its revenues for the years ended September 28, 2013, September 29, 2012, and September 24, 2011. For the year ended September 28, 2013, Apple...
-
Super Security Co. offers a range of security services for athletes and entertainers. Each type of service is considered within a separate department. Marc Pincus, the overall manager, is compensated...
-
Explain how a contribution margin income statement can be used to determine profitability.
-
Two plates of area 7 4 3 x 1 0 - 4 m 2 each are separated by a distance of 1 1 . 5 x 1 0 - 2 m . Calculate the capacitance C of this system.
-
A brave but inadequate rugby player is being pushed backward by an opposing player who is exerting a force of 800.0 N on him. The mass of the losing player plus equipment is 89.0 kg, and he is...
-
Widget Corp. has capital stock of $20,000, retamed earnings of $15,000, notes payable of $30,000, cash of $10,000, accounts receivable of $25,000, wages payable of $15,000, and also has equipment. If...
-
A mass of 1 0 7 g exerts a force on an area of 0 . 5 8 m 2 on a planet where the acceleration due to gravity g = 0 . 1 0 0 m s - 2 . What is the pressure in S . I. units?
-
In this discussion, we'll examine how Donald Trump's views have been disseminated across social media. In the following article, Dwoskin and Timberg (2020), discuss the causes and effects of the...
-
Describe how business-to-business marketers build and maintain relationships with customers.
-
Determine the reactions in supports A and D and connections B and C. Sketch its shear and moment diagram and determine the magnitude ankoration of the maximum shear and moment for every member. 18 3...
-
Assume that for most of an eight-year marriage the husband has been very depressed. As a result, he has bounced from job to job with frequent periods of unemployment and has contributed little by way...
-
This scatter diagram reflects past maintenance hours and their corresponding maintenance costs. 1. Draw an estimated line of cost behavior. 2. Estimate the fixed and variable components of...
-
Which one of the following is an assumption that underlies cost-volume-profit analysis? 1. For costs classified as variable, the costs per unit of output must change constantly. 2. For costs...
-
Following are five graphs representing various cost behaviors. (1) Identify whether the cost behavior in each graph is mixed, step-wise, fixed, variable, or curvilinear. (2) identify the graph (by...
-
Dividend Yield : Calculate the dividend yield for a company with an annual dividend of $2 per share and a market price of $40 per share. What does this yield indicate about the return on investment...
-
Ravsten Company uses a job-order costing system. On January 1,the beginning of the current year, the company??s inventory balanceswere as follows:Raw materials$16,000Work in process$ 2 answers
-
whats the total stockholder's equity ? For Feet's Sake has two classes of stock authorized: \( 7 \%, \$ 10 \) par preferred, and \( \$ 1 \) par value common. The following transactions affect...
Study smarter with the SolutionInn App