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Compute the recent two years cash flow on total assets ratios for Apple and Google. Key figures for Apple and Google follow. 2.5 points $
Compute the recent two years cash flow on total assets ratios for Apple and Google.
Key figures for Apple and Google follow. 2.5 points $ millions Operating cash flows Total assets Current Year $ 63,598 375,319 Apple 1 Year Prior $ 65,824 321,686 2 Years Prior $ 81,266 290,345 Current Year $ 37,091 197,295 Google 1 Year Prior $ 36,036 1 67,497 2 Years Prior $ 26,572 147,461 eBook Required: 1. Compute the recent two years' cash flow on total assets ratios for Apple and Google. 2. For the current year, which company has the better cash flow on total assets ratio? 3. For the current year, does cash flow on total assets outperform or underperform the industry (assumed) average of 15% for (a) Apple and (b) Google? Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Compute the recent two years' cash flow on total assets ratios for Apple and Google. (Round final answers to 1 decimal place.) Cash Flow On Total Assets Ratio ($ millions) Current Year Prior Year Apple GoogleStep by Step Solution
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