Key comparative figures for Apple and Google follow. 1. What is the debt ratio for Apple in
Question:
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 prior year?
3. Which of the two companies has the higher degree of financial leverage? What does this imply?
Transcribed Image Text:
Google Apple Current Year Prior Year Current Year Prior (in millions) Year Year Total liabilities ... Total assets .. $ 57,854 39,756 22,083 93,798 14,429 72,574 176,064 116,371
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
1 The debt ratio assesses the solvency of a company It shows the companys ability to handle its tonglean obligations The tower the debt ratio the bett...View the full answer
Answered By
Akshay Agarwal
I am a Post-Graduate with a specialization in Finance. I have been working in the Consulting industry for the past 8 years with a focus on the Corporate and Investment Banking domain. Additionally, I have been involved in supporting student across the globe in their academic assignments and always strive to provide high quality support in a timely manner. My notable achievements in the academic field includes serving more than 10,000 clients across geographies on various courses including Accountancy, Finance, Management among other subjects. I always strive to serve my clients in the best possible way ensuring high quality and well explained solutions, which ensures high grades for the students along-with ensuring complete understanding of the subject matter for them. Further, I also believe in making myself available to the students for any follow-ups and ensures complete support and cooperation throughout the project cycle. My passion in the academic field coupled with my educational qualification and industry experience has proved to be instrumental in my success and has helped me stand out of the rest. Looking forward to have a fruitful experience and a cordial working relationship.
5.00+
179+ Reviews
294+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
Key comparative figures for Apple and Google follow. Required Compute days' sales uncollected (rounded to two decimals) for these companies for each of the two years shown. Comment on any trends for...
-
Key comparative figures for Apple and Google follow. Required Compute days' sales uncollected (rounded to two decimals) for these companies for each of the two years shown. Comment on any trends for...
-
Key comparative figures for Apple and Google follow. Required Compute days' sales uncollected (rounded to two decimals) for these companies for each of the two years shown. Comment on any trends for...
-
What is the output of the following program: #include using namespace std; void Push(int x[], int y[], int n) { int i = 0, j = n - 1; while (i
-
Zero-Interest-Bearing Note Receivable On September 30, 2009, Rolen Machinery Co. sold a machine and accepted the customers zero-interest-bearing note. Rolen normally makes sales on a cash basis....
-
The trial balance of Pacilio Security Services Inc. as of January 1, 2016, had the following normal balances: Cash ......................$74,210 Accounts Receivable ............... 13,500 Supplies...
-
On June 1, 2016, Sid was admitted to the partnership when he purchased, for $132,000, a proportionate interest from New and Sha in the net assets and profits of the partnership. As a result of this...
-
Identify the data that are captured about youas a student, a professional, a customer, and so on. Discuss how this data can be an asset for the organizations that collect it.
-
Parker Associates has four levels of partnership, each with its own annual compensation: senior partners - $200,000, junior partners - $100,000, senior associates - $75,000, and junior associates -...
-
Selected accounts of Andover Consulting, Inc., a financial services business, have the following balances at December 31, 2016, the end of its first year of operations. During the year, Lynne...
-
Refer to Apple's financial statements in Appendix A for the following questions. Required 1. What amount of total liabilities does it report for each of the fiscal years ended September 29, 2012, and...
-
Assume Reid Hoffman of LinkedIn plans on expanding his business to accommodate more specialized lines of professional listings. He is considering financing the expansion in one of two ways: (1)...
-
Hastings, Corp. issued 6%, five-year bonds payable with a maturity value of $5,000 at a price of $4,570 when the market rate was 8% on January 1, 2014. Journalize the following transactions for...
-
1. Why do companies that choose to open subsidiaries in other countries have different HR responsibilities? 2. How has globalization allowed companies to become "global companies" more easily? 3....
-
Is Kroger's innovation Product-related or process-related? Do the innovations tend to be incremental or radical? https://www.thekrogerco.com/about-kroger/our-business/ Kroger Co. opens new spoke in...
-
Define what is Process Mapping/Value Stream Mapping How do you apply process mapping methodology? What are the advantages of leaders using process mapping Identify a real world business...
-
What role do formalized processes and protocols play in highly structured organizations, and how can organizations balance the need for structure with the imperative for flexibility and innovation ?
-
In what ways do decision-makers balance quantitative data with qualitative insights to optimize complex strategic choices, especially in high-stakes business environments where traditional metrics...
-
Regularly used spare parts are usually A. Treated as expense on purchase B. Carried as inventory and treated as an expense on consumption C. Treated as a fixed asset and depreciated accordingly
-
Repeat Exercise 16.6 using the t-test of the coefficient of correlation. Is this result identical to the one you produced in Exercise 16.6?
-
What is the difference between direct and indirect expenses?
-
Suggest a reasonable basis for allocating each of the following indirect expenses to departments: (a) Salary of a supervisor who manages several departments, (b) Rent, (c) Heat, (d) Electricity for...
-
What are controllable costs?
-
An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its BlackScholes price is...
-
Prescott Football Manufacturing had the following operating results for 2 0 1 9 : sales = $ 3 0 , 8 2 4 ; cost of goods sold = $ 2 1 , 9 7 4 ; depreciation expense = $ 3 , 6 0 3 ; interest expense =...
-
On January 1, 2018, Brooks Corporation exchanged $1,259,000 fair-value consideration for all of the outstanding voting stock of Chandler, Inc. At the acquisition date, Chandler had a book value equal...
Study smarter with the SolutionInn App