The following financial highlights were drawn from the December 31, 2017 annual report of ExxonMobil Corporation and the September 29, 2018 annual report of Apple Inc.

Even so, as of December 3, 2018, Wall Street valued ExxonMobil at $337 billion and Apple at $849 billion.

Divide the class into groups of four or five students.

Required

Have the members of each group reach a consensus response for each of the following tasks. Each group should elect a spokesperson to represent the group.

Group Tasks

(1) Determine the amount of expenses incurred by each company.

(2) Speculate as to why investors would be willing to pay more for Apple than ExxonMobil.

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ExxonMobl Apple $244.4 Billion $ 19.7 Billion $ 3.1 Billion $265.6 Billion $ 59.5 Billion $ 66.3 Billion Revenue Net income Cash and short-term investments