Samsung (www.Samsung.com), Apple, and Google are all competitors in the global marketplace. Comparative figures for these companies'
Question:
Samsung (www.Samsung.com), Apple, and Google are all competitors in the global marketplace. Comparative figures for these companies' recent annual accounting periods follow.
Required
1. Compute total asset turnover for the most recent two years for Samsung using the data shown.
2. Which company is most efficient in generating net sales given the total assets it employs?
Transcribed Image Text:
Samsung (KRW millions) Apple Google (in millions, except turnover) Current Year Prior Year Two Years Current Prior Current Prior Year Year Year Prior Year al assets Net sales Total asset turnover ₩214,075,018 ₩181,071,570 ₩155,800,263 $207,000 $176,064 $110,920 $93,798 228,692,667 201,103,613 165,001,771 170,910 56,508 59,825 50,175 1.07 0.58 0.60 0.89
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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