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Key comparative figures ($ millions) for both Apple and Google follow. LO Key Figure Liabilities + Equity Net income Revenues Apple Current Year Prior Year
Key comparative figures ($ millions) for both Apple and Google follow. LO Key Figure Liabilities + Equity Net income Revenues Apple Current Year Prior Year $375, 319 $321,686 48,351 45,687 229, 234 215,639 Google Current Year Prior Year $197, 295 $167,497 12,662 19,478 110,855 90,272 4 points eBook 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? Apple Google Total amount of assets (in $ millions) Required Required 2
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