Key figures for Apple and Google follow. Required 1. Compute common-size percents for each company using the
Question:
Key figures for Apple and Google follow.
Required
1. Compute common-size percents for each company using the data given. Round percents to one decimal.
2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease?
3. Which company has the better gross margin ratio on sales?
Transcribed Image Text:
$millions Apple Google $millions Apple Google Cash and equivalents..... $48,844 $ 18,498 Cost of sales.... $161,782 $ 71,896 Accounts receivable, net . 22,926 25,326 Revenues 260,174 161,857 Inventories ... 4,106 999 Total assets. 338,516 275,909 Retained earnings.... 45,898 152,122
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
1 2 Decrease Explanation If Google paid a dividend it would reduce its re...View the full answer
Answered By
SUMAN DINDA
I LIKE TO TEACH STUDENTS. SO, I START MYSELF AS A PRIVATE TUTOR. I TEACH STUDENTS OF DIFFERENT CLASSES. I HAVE ALSO DONE BACHELOR OF EDUCATION DEGREE(B.ED). DURING THIS COURSE I HAD TO TEACH IN A SCHOOL. SO I HAVE A GOOD EXPERIENCE IN TEACHING.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Key figures for Apple and Google follow. *Apple did not report interest expense for these periods. Amounts included in this table are assumed for purposes of this analysis. Required 1. Compute times...
-
Key comparative figures for Apple and Google follow. 1. What is the debt ratio for Apple in the current year and for the prior year? 2. What is the debt ratio for Google in the current year and for...
-
Key comparative figures for Apple and Google follow. 1. What is the debt ratio for Apple in the current year and for the prior year? 2. What is the debt ratio for Google in the current year and for...
-
The following information has been extracted from the trial balance of M/s Randhir Transport Corporation. Adjustments 1. Closing stock for the year was Rs. 35,500. 2. Depreciation charged on plant...
-
Can I have any energy transfer as heat transfer that is 100% available?
-
In its 2000 and 2009 Annual Reports, Nike, Inc. reported the following net revenues, in millions of dollars, in four distinct regions of the world: In a report, use the sample information to: 1....
-
Happy Days Medical Devices has a bond outstanding that has an 8 percent coupon rate and a market price of $912.35. If the bond matures in 15 years and interest is paid semiannually, what is the YTM?...
-
Rouse Company, a real estate developer, is well known as one of the few U.S. companies to have reported the current value of property and equipment in its financial statements. As mentioned in the...
-
15. Graph the curve of y = (4) ** on the grid below. Use the table of values to determine exact points of the graph. Then state the asymptote, the domain and the range of the graph. X YAsymptotes: y=...
-
Using the trial balance provided above, prepare an income statement and statement of changes in equity for the first month ended May 31, 2020, and a balance sheet at May 31, 2020. Analysis Component:...
-
Each team is to select a different industry, and each team member is to select a different company in that industry and acquire its financial statements. Use those statements to analyze the company,...
-
Selected comparative financial statement information of Bluegrass Corporation follows. Required 1. Compute each years current ratio. Round ratios to one decimal. 2. Express the income statement data...
-
Shown below are the following for Casing Suppliers Ltd. of Oakville: a. General ledger printout for March 2022. b. Bank reconciliation as of February 28, 2022. c. Bank statement for March 2022....
-
What are the key processes driving developmental biology, from embryogenesis to adult form, and how do genetic and epigenetic factors influence organismal development ?
-
Over the past three decades, the cost structure for a typical manufacturing firm has shifted dramatically from labor and material as the primary costs in the 1980s, with overhead now the major cost...
-
6. When 30,000 units are produced, variable costs are $10 per unit. Therefore, when 20,000 units are produced ?1)variable costs will remain at $10 per unit 2)variable costs will total $60,000...
-
Share at least two ways to improve customer satisfaction and explain why each improvement will be beneficial. Explore resources within your hypothetical community and share at least one ,then discuss...
-
How do symbiotic relationships at the organismal level, such as those involving microbiomes, contribute to the health, physiology, and evolution of their host organisms ?
-
Peyton Investments completed the following investment transactions during 2018: 2018 Jan. 5 Purchased Vedder Company's $400,000 bond at face value. Peyton classified the investment as...
-
A horizontal annulus with inside and outside diameters of 8 and 10 cm, respectively, contains liquid water. The inside and outside surfaces are maintained at 40 and 20oC, respectively. Calculate the...
-
Define and describe cycle time and identify the components of cycle time.
-
Define and describe cycle time and identify the components of cycle time.
-
Explain the difference between value-added time and nonvalue-added time.
-
Gencon Contracting has a blanket contractors equipment policy. If Gencon acquires some new equipment, what kind of coverage is probably provided on this equipment? (Search Chapter 9) a. No coverage...
-
rewrite "I believe that my high standard of ethical conduct is shown in my assignment that I have submitted. I give credit where credit is due, and if I have questions concerning APA guidelines, I...
-
In December 2022, Surf Ltd received a claim from one of its customers commencing a lawsuit alleging faults in the construction of a bridge in a housing estate. This lawsuit amounts to a total of $2.5...
Study smarter with the SolutionInn App