Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Exercise 77

Key comparative figures ($ millions) for both Apple and Google follow.

Required
1. What is the total amount of assets invested in ( a ) Apple and ( b ) Google
2. What is the return on assets for ( a ) Apple and ( b ) Google Apple's beginning-year assets equal
$176,064 (in millions) and Google's beginning-year assets equal $93,798 (in millions).
3. How much are expenses for ( a ) Apple and ( b ) Google
4. Is return on assets satisfactory for ( a ) Apple and ( b ) Google (Assume competitors average a 10% return.)
5. What can you conclude about Apple and Google from these computations