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Key figures for Apple and Google follow. $ millions Net income... Net sales... Total assets... Current Year $ 45,687 215,639 321,686 Apple 1 Year Prior
Key figures for Apple and Google follow. $ millions Net income... Net sales... Total assets... Current Year $ 45,687 215,639 321,686 Apple 1 Year Prior $ 53,394 233,715 290,345 Google 2 Years Prior Current Year 1 Year Prior 2 Years Prior $ 39,510 $ 19,478 $ 16,348 $ 14,136 1 82795 9 0.272 74,989 66,001 231,839 167,497 147,461 129,187 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 Google's Return on Total Assets Current Year One Year Prior Required 2 > Key figures for Apple and Google follow. $ millions Net income... Net sales... Total assets... Current Year $ 45,687 215,639 321,686 Apple 1 Year Prior $ 53,394 233,715 290,345 Google 2 Years Prior Current Year 1 Year Prior 2 Years Prior $ 39,510 $ 19,478 $ 16,348 $ 14,136 182,795 90.272 74,989 66,001 231,839 167,497 147,461 129,187 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 Reguired 2 Required 3 Which of these two companies has the better return on total assets for the current year? Which of these two companies has the better return on total assets for the current year? (Required 1 Required > > Key figures for Apple and Google follow. $ millions Net income... Net sales. Total assets.... Current Year $ 45,687 215,639 321,686 Apple 1 Year Prior $ 53,394 233,715 290,345 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 66,001 231,839 167,497 147,461 129,187 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 Does return on assets outperform or underperform the industry (assumed) average of 12% for (a) Apple and (b) Google? Apple's return on total assets Google's return on total assets
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