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AA 07-2 Comparative Analysis LO P1 Companies often budget selling expenses and general and administrative expenses (SGA) as a percentage of expected sales. Required: 1.
AA 07-2 Comparative Analysis LO P1 Companies often budget selling expenses and general and administrative expenses (SGA) as a percentage of expected sales. Required: 1. For both Apple and Google, list sales (in dollars) and total selling expenses and general and administrative expenses (in dollars) for the 2017 and 2016 fiscal years. Use the financial statements in Appendix A. 2. Compute each company's ratio of total selling expenses and general and administrative expenses to sales for each of the two years. 3. Which company (Apple or Google) spends more, as a percent of sales, on selling, general, and adminsitrative expenses? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 For both Apple and Google, list sales in dollars) and total selling expenses and general and administrative expenses in dollars) for the 2017 and 2016 fiscal years. Use the financial statements in Appendix A. Apple Google 2017 2016 2017 2016 Sales SGA Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute each company's ratio of total selling expenses and general and administrative expenses years. (Round your answers to 2 decimal places.) Apple Google 2017 2016 2017 2016 Ratio % % % % Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which company (Apple or Google) spends more, as a percent of sales, on selling, general, and adminsitrative expenses? Which company spends more, as a percent of sales, on selling, general, and adminsitrative expenses?
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