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Key figures for Apple and Google follow. $ millions Net Income... Net sales... Total assets... Current Year $ 45,687 215,639 Apple 1 Year Prior $

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Key figures for Apple and Google follow. $ millions Net Income... Net sales... Total assets... Current Year $ 45,687 215,639 Apple 1 Year Prior $ 53,394 233,715 Google 2 Years Prior Current Year 1 Year Prior 2 Years Prior $ 39,510 $ 19,478 $ 16,348 $ 14,136 182.795 9 0,272 74,989 66.001 Required: 1. Compute return on total assets for Apple and Google for the two most recent years. 2. Which of these two companies has the better return on total assets for the current year? 3. In the current year, does return on assets outperform or underperform the industry (assumed) average of 12% for(a) Apple and (b) Google? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on total assets for Apple and Google for the two most recent years. (Round your percentage answers to 1 decimal place.) Apple's Return on Total Assets 14.2% 18.4% Google's Return on Total Assets 11.6 % 11.1 % Current Year One Year Prior Regled Required 2 >

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