Use the following comparative figures for Apple and Google.

Required

1. Compute the basic EPS for each company using these data.
2. Compute the dividend yield for each company using these data.
3. Compute the price-earnings ratio for each company using these data.
4. Based on the PE ratio, for which company do investors have greater expectations about future performance?

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Key Figures Apple Google Net income (in millions) ..... $ 55,256 $ 34,343 Cash dividends declared per common share .. $ 3.00 2$ 0.00 Common shares outstanding (in millions)...... 4,443.236 688.335 Weighted-average common shares outstanding (in millions) .... 4,617.834 692.539 Market value (price) per share... 2$ 293.65 $1,339.39 Equity applicable to common shares (in millions)... $ 90,488 $ 201,442