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Key comparative figures for Apple and Google follow. BTN 11-2 Key Figures Apple Google Net income (in millions) .. $ 14,444 $ 39,510 Cash dividends
Key comparative figures for Apple and Google follow. BTN 11-2 Key Figures Apple Google Net income (in millions) .. $ 14,444 $ 39,510 Cash dividends declared per common share Common shares outstanding (in millions). Weighted-average common shares outstanding (in millions) Market value (price) per share .... Equity applicable to common shares (in millions). 1.82 2$ 5,866.161 680.172 675.935 6,085.572 $ 1 00.75 $ III,547 $ 530.66 $104,500 APPLE GOOGLE Required 1. Compute the book value per common share for each company using these data. 2. Compute the basic EPS for each company using these data. 3. Compute the dividend yield for each company using these data. Does the dividend yield of either of the companies characterize it as an income or growth stock? Explain. 4. Compute, compare, and interpret the price-earnings ratio for each company using these data
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