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Comparative figures for Apple and Google follow. table [ [ , Apple,Google ] , [ , Current,One Year,Two Years,Current,One Year,Two Years, ] , [
Comparative figures for Apple and Google follow.
tableApple,GoogleCurrent,One Year,Two Years,Current,One Year,Two Years,$ millions,Year,Prior,Prior,Year,Prior,Prior,Total assets,$$$$$$Net sales,
Required:
Compute total asset turnover for the most recent two years for Apple and Google using the data shown.
In the current year, which company is more efficient in generating net sales given total assets?
Does asset turnover underperform or outperform the industry asset turnover for a Apple and b Google?
Complete this question by entering your answers In the tabs below.
Required
Compute total asset turnover for the most recent two years for Apple and Google using the data shown.
Note: Round your answers to decimal places.
tableTotal Asset TurnoverCurrent Year,One Year PriorAppletimes,timesGoogletimes,times
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