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LINK TO APPENDIX A: https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/Wild_Finman_8e/Appendix_A.pdf AA 07-2 Comparative Analysis LO P1 Companies often budget selling expenses and general and administrative expenses (SGA) as a percentage
LINK TO APPENDIX A: https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/Wild_Finman_8e/Appendix_A.pdf
AA 07-2 Comparative Analysis LO P1 Companies often budget selling expenses and general and administrative expenses (SGA) as a percentage of expected sales. Required: 1. For both Apple and Google, list sales (in dollars) and total selling expenses and general and administrative expenses (in dollars) for the 2017 and 2016 fiscal years. Use the financial statements in Appendix A. 2. Compute each company's ratio of total selling expenses and general and administrative expenses to sales for each of the two years. 3. Which company (Apple or Google) spends more, as a percent of sales, on selling, general, and adminsitrative expenses? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 For both Apple and Google, list sales (in dollars) and total selling expenses and general and administrative expenses (in dollars) for the 2017 and 2016 fiscal years. Use the financial statements in Appendix A. Apple Google 2017 2016 2017 2016 Sales SGA Required 1 Required 2 Required 3 Compute each company's ratio of total selling expenses and general and administrative expenses to sales for each of the two years. (Round your answers to 2 decimal places.) Apple Google 2017 2016 2017 2016 Ratio % % % % Required 1 Required 2 Required 3 Which company (Apple or Google) spends more, as a percent of sales, on selling, general, and adminsitrative expenses? Which company spends more, as a percent of sales, on selling, general, and adminsitrative expenses?Step by Step Solution
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