FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Market Efficiency
Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing t…
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Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute common-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) S millions Apple % Google Cash and equivalents Accounts receivable, net Inventories Retained earnings % % Cost of sales Revenues % Total assets Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which company has the better gross margin ratio on sales? Which company has the better gross margin ratio on sales?
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Transcribed Image Text:Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute common-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) S millions Apple % Google Cash and equivalents Accounts receivable, net Inventories Retained earnings % % Cost of sales Revenues % Total assets Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which company has the better gross margin ratio on sales? Which company has the better gross margin ratio on sales?
AA 17-2 Comparative Analysis LO C1, P2 Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net Inventories Retained carnings Cost of sales Apple $ 48,844 22,926 4,106 45,898 161,782 260,174 338,516 Google $ 18,498 25,326 999 152,122 71,896 161,857 275,909 Revenues Total assets Required: 1. Compute common-size percents for each company using the data given. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute cormmon-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) S millions Apple Google
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Transcribed Image Text:AA 17-2 Comparative Analysis LO C1, P2 Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net Inventories Retained carnings Cost of sales Apple $ 48,844 22,926 4,106 45,898 161,782 260,174 338,516 Google $ 18,498 25,326 999 152,122 71,896 161,857 275,909 Revenues Total assets Required: 1. Compute common-size percents for each company using the data given. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute cormmon-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) S millions Apple Google
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