Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

AA 17-2 Comparative Analysis LO C1, P2 AA 17-2 Comparative Analysis LO C1, P2 Key figures for Apple and Google follow. $ millions Cash and

AA 17-2 Comparative Analysis LO C1, P2

image text in transcribedimage text in transcribed

AA 17-2 Comparative Analysis LO C1, P2 Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Apple $ 48,844 22,926 4,186 45,898 161,782 268,174 338,516 Google $ 18,498 25, 326 999 152, 122 71,896 161,857 275, 909 Required: 1. Compute common-size percents for each company using the data given. 2. If Google pald a dividend, would retained earnings as a percent of total assets Increase or decrease? 3. Which company has the better gross margin ratio on sales? Required: 1. Compute common-size percents for each company using the data given. 2. If Google pald a dividend, would retained earnings as a percent of total assets Increase or decrease? 3. Which company has the better gross margin ratio on sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute common-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) Google $ millions Cash and equivalents Accounts receivable, net Apple 96 % % 96 Inventories % 96 Retained earnings % % Cost of sales % 96 Revenues % Total assets %6

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Deferred Income Taxes

Authors: Bobby Carmichael

2nd Edition

1119724562, 9781119724568

More Books

Students also viewed these Accounting questions