Current year information for Apple and Google follows. Required 1. Compute profit margin for each company. 2.
Question:
Current year information for Apple and Google follows.
Required
1. Compute profit margin for each company.
2. Compute investment turnover for each company.
3. Refer to answers for parts 1 and 2. Which company performed better on investment turnover?
Transcribed Image Text:
$ millions Apple Google Sales .. $260,174 $161,857 Income.... 55,256 34,343 Average assets . 352,121 254,351
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Profit Margin Answer Apple 2124 Google 2122 55256260174100 34343161...View the full answer
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