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$ millions Operating cash flows Total assets Current Year $ 69,391 338,516 Apple 1 Year Prior $ 77,434 365,725 2 Years Prior $ 64,225 375,319

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$ millions Operating cash flows Total assets Current Year $ 69,391 338,516 Apple 1 Year Prior $ 77,434 365,725 2 Years Prior $ 64,225 375,319 Current Year $ 54,520 275,909 Google 1 Year Prior $ 47,971 232,792 2 Years Prior $ 37,091 197,295 Required: 1. Compute the recent two years' cash flow on total assets ratios for Apple and Google. 2. For the current year, which company has the better cash flow on total assets ratio? 3. For the current year, does cash flow on total assets outperform or underperform the industry (assumed) average of 15% for (a) Apple and (b) Google? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the recent two years' cash flow on total assets ratios for Apple and Google. (Round final answers to 1 decimal place.) Cash Flow On Total Assets Ratio Current Year Prior Year % % Apple Google % %

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