Comparative figures for Samsung, Apple, and Google follow. Required 1. Compute total asset turnover for the most
Question:
Comparative figures for Samsung, Apple, and Google follow.
Required
1. Compute total asset turnover for the most recent two years for Samsung using the data shown.
2. Is the change in Samsung’s asset turnover favorable or unfavorable?
3. For the current year, is Samsung’s asset turnover better or worse than the asset turnover for
(a) Apple
(b) Google?
Transcribed Image Text:
Samsung Apple Google Current Prior Two Years Current Prior Current Prior $ millions Year Year Prior Year Year Year Year Total assets... $302,511 $291,179 $274,268 $338,516 $365,725 $275,909 $232,792 Net sales..... 197,691 209,163 217,755 260,174 265,595 161,857 136,819
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