Key figures for Apple and Google follow. Required 1. Compute the debt-to-equity ratios for Apple and Google

Question:

Key figures for Apple and Google follow.

Required

1. Compute the debt-to-equity ratios for Apple and Google for both the current year and the prior year.

2. Use the ratios from part 1 to determine which company?s financing structure is least risky.

3. Is its debt-to-equity ratio more risky or less risky compared to the industry (assumed) average of 0.5 for (a) Apple and (b) Google?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting Information for Decisions

ISBN: 978-1259917042

9th edition

Authors: John J. Wild

See More Books

Question Posted: Nov 13, 2019 04:59 AM

See More Questions

Key figures for Apple and Google follow ($ millions). Required 1. Compute the ratio of segment revenue divided by segment assets for each of the segments of Apple and Google for the most recent year...
Key figures for Apple and Google follow. Required 1. Compute return on total assets for Apple and Google for the two most recent years. 2. Separate the return on total assets computed in part 1 into...
Key figures for Apple and Google follow. Required 1. Compute the recent two years' cash flow on total assets ratios for Apple and Google. 2. What does the cash flow on total assets ratio measure? 3....
11. Which one is not a source for collecting references? Ans : O Proquest Ebscohost O Scopus Safe assign
Discuss the common points of control in eukaryotic gene regulation.
The order of the accounts in the ledger is: (a) assets, revenues, expenses, liabilities, common stock, dividends. (b) assets, liabilities, common stock, dividends, revenues, expenses. (c) common...
Deming Contractors was involved in the following events involving stock during 1997. Prepare entries, if appropriate, for each event, describe how each event affects the basic accounting equation,...
Balance sheets for P Company and S Company on August 1, 2011, are as follows: Required: Prepare a workpaper for a consolidated balance sheet for P Company and its subsidiary on August 1, 2011, taking...
Concentrate on IKEA main activities, mission, and strategies and highlight an area that need more control management. Then, use three of the following tools in order to enhance its control management...
Epsilon acquired 40% of Zeta when Zeta's retained earnings were $50,000, 25% of Kappa when Kappa's retained earnings were $40,000, and 25% of Lambda when Lambda's retained earnings were $50,000. The...
Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $3,456,448. Required 1. Prepare...
Refer to the bond details in Problem 10-2A, except assume that the bonds are issued at a price of $4,895,980. Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2018, that pay interest...
Rockwell Company has three operating divisions. Gross margin computations for these three divisions for 2012 are given below. Rockwell has determined that its total manufacturing overhead cost of...
Prove that Eq. (19.34) gives the simplest multi-gluon and gluon-quark states that contain an $\mathrm{SU}(3)$ color singlet in the decomposition. Data from Eq. 19.34 (GG)1: (88)1 (Gqq) : [8 (383)8]...
In question 70, what is the probability that of the 100 cars test-driven, more than 35 cars get more than 45 miles per gallon? How many of the 100 cars tested would you expect to get more than 45...
Construct the braid group products (a) (b) using the algorithm of Fig. 29.16 . Data from Fig. 29.16
Worksheet The adjusted trial balance columns of a worksheet for Bond Corporation are shown below. The worksheet is prepared for the year ended December 31. Complete the worksheet by (a) entering the...
The Healthy Catering Service had the following transactions in July, its first month of operations: 1 Kelly Foster contributed $\$ 18,000$ of personal funds to the business in exchange for common...
A curve has equation y = ln(x 2 2)/x 2 2. Find the approximate change in y as x increases from 3 to 3 + p, where p is small.
Explain the Hawthorne effect.
The focus in a job order costing system is the job or batch. Identify the main focus in process costing.
The focus in a job order costing system is the job or batch. Identify the main focus in process costing.
Are the journal entries that match cost flows to product flows in process costing primarily the same or much different than those in job order costing? Explain.
The market price of a stock is $24.55 and it is expected to pay a dividend of $1.44 next year. The required rate of return is 11.23%. What is the expected growth rate of the dividend? Submit Answer...
Suppose Universal Forests current stock price is $59.00 and it is likely to pay a $0.57 dividend next year. Since analysts estimate Universal Forest will have a 13.8 percent growth rate, what is its...
ABC Company engaged in the following transaction in October 2 0 1 7 Oct 7 Sold Merchandise on credit to L Barrett $ 6 0 0 0 8 Purchased merchandise on credit from Bennett Company $ 1 2 , 0 0 0 . 9...

Key figures for Apple and Google follow. Required 1. Compute the debt-to-equity ratios for Apple and Google

Question:

Apple Google $ millions Current Year Prior Year Current Year Prior Year $321,686 193,437 128,249 $290,345 170,990 119,355 $147,461 27,130 120,331 Total assets Total liabilities Total equity $167,497 28,461 139,036

Step by Step Answer:

millions 1 Apples current year debttoequity ratio 193437 12...View the full answer

Financial Accounting Information for Decisions

Students also viewed these Business questions