Solution-What is the total amount of assets invested for

What is the total amount of assets invested for current year

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Reference no: EM133188553

Question - Key comparative figures for both Apple and Google follow.

$ millions	Apple		Google
$ millions	Current Year	Prior Year	Current Year	Prior Year
Liabilities + Equity	$338,516	$365,725	$275,909	$232,792
Net income	55,256	59,531	34,343	30,736
Revenues	260,174	265,595	161,857	136,819

Required -

1. What is the total amount of assets invested for the current year in (a) Apple and (b) Google?

2. What is the current-year return on assets for (a) Apple and (b) Google?

3. How much are current-year expenses for (a) Apple and (b) Google?

4-a. Is the current-year return on assets better than the 10% return of competitors for Apple?

4-b. Is the current-year return on assets better than the 10% return of competitors for Google?

5. Relying only on return on assets, would we invest in Google or Apple?

Reference no: EM133188553

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What is the total amount of assets invested for current year

Reference no: EM133188553

Reference no: EM133188553

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