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Key comparative figures for both Apple and Google follow. Apple $ millions Current Year Liabilities + Equity $ 338,516 Prior Year $ 365,725 $
Key comparative figures for both Apple and Google follow. Apple $ millions Current Year Liabilities + Equity $ 338,516 Prior Year $ 365,725 $ 275,909 Net income 55,256 Revenues 260,174 59,531 265,595 34,343 161,857 Google Current Year Prior Year $ 232,792 30,736 136,819 Required: 1. What is the total amount of assets invested for the current year in (a) Apple and (b) Google? 2. What is the current-year return on assets for (a) Apple and (b) Google? 3. How much are current-year expenses for (a) Apple and (b) Google? 4-a. Is the current-year return on assets better than the 10% return of competitors for Apple? 4-b. Is the current-year return on assets better than the 10% return of competitors for Google? 5. Relying only on return on assets, would we invest in Google or Apple? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 What is the total amount of assets invested for the current year in (a) Apple and (b) Google? (Enter your answers in millions of dollars.) Total amount of assets (in $ millions) Apple Google Required 2 >
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