Key figures for Apple and Google follow. $ millions. Operating cash flows Total assets Current Year $ 69,391 338,516 Apple Google Apple 1 Year Prior $77,434 365,725 Complete this question by entering your answers in the tabs below. 20.5% 19.80% 2 Years Prior $ 64,225 375,319 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? Answer is complete but not entirely correct. Required 1 Required 2 Req Compute the recent two years' cash flow on total assets ratios for Apple and Google. Note: Round final answers to 1 decimal place. Cash Flow On Total Assets Ratio Current Year Prior Year 21.2Ⓒ% 20.00 Current Year $ 54,520 275,909 Google 1 Year Prior $ 47,971 232,792 2 Years Prior $ 37,091 197,295
Key figures for Apple and Google follow. $ millions. Operating cash flows Total assets Current Year $ 69,391 338,516 Apple Google Apple 1 Year Prior $77,434 365,725 Complete this question by entering your answers in the tabs below. 20.5% 19.80% 2 Years Prior $ 64,225 375,319 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? Answer is complete but not entirely correct. Required 1 Required 2 Req Compute the recent two years' cash flow on total assets ratios for Apple and Google. Note: Round final answers to 1 decimal place. Cash Flow On Total Assets Ratio Current Year Prior Year 21.2Ⓒ% 20.00 Current Year $ 54,520 275,909 Google 1 Year Prior $ 47,971 232,792 2 Years Prior $ 37,091 197,295
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter13: Statement Of Cash Flows
Section: Chapter Questions
Problem 5MAD
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