Question
Compare the asset turnover ratios of Google (Alphabet Inc.) and Microsoft Corporation for the year 2023: Company Google (Alphabet Inc.) Microsoft Corporation Net Sales Revenue
Compare the asset turnover ratios of Google (Alphabet Inc.) and Microsoft Corporation for the year 2023:
Company | Google (Alphabet Inc.) | Microsoft Corporation |
Net Sales Revenue | $150 billion | $180 billion |
Average Total Assets | $100 billion | $120 billion |
Asset Turnover Ratio |
Question:
Calculate the asset turnover ratio for both Google (Alphabet Inc.) and Microsoft Corporation. Which company has a higher asset turnover ratio?
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
