Samsung (Samsung.com) is a leading global manufacturer, and it competes to varying degrees with both Apple and
Question:
Samsung (Samsung.com) is a leading global manufacturer, and it competes to varying degrees with both Apple and Google. Key financial figures for Samsung follow.
Key Figure* Korean Won in Millions
Average assets. . . . . . . . . . . W168,435,917
Net income . . . . . . . . . . . . . W 23,845,285
Revenue . . . . . . . . . . . . . . . . W201,103,613
Return on assets . . . . . . . . . 14.2%
Required
1. Identify any concerns you have in comparing Samsung’s income and revenue figures to those of Apple and Google (in BTN 1-2) for purposes of making business decisions.
2. Identify any concerns you have in comparing Samsung’s return on assets ratio to those of Apple and Google (computed for BTN 1-2) for purposes of making business decisions.
Step by Step Answer:
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta