Business, 19.10.2020 18:01 bloodyflower2003

Key figures for Apple and Google follow. $ millions Apple Google
Cash and equivalents. . . . . . . $20,484 $12,918
Accounts receivable, net. . . . . 15,754 14,137
Inventories. . . . . . . . . . . . 2,132 268
Retained earnings. . . . . . . . . 96,364 105,131
Cost of sales. . . . . . . . . . . 131,376 35,138
Revenues. . . . . . . . . . . . . . 215,639 90,272
Total assets. . . . . . . . . . . . 321,686 167,497

Required:
a. Compute common-size percents for each of the companies using the data provided.
b. If Google decided to pay a dividend, would retained earnings as a percent of total assets increase or decrease

Answers: 2

Show answers

Answers

a. Common-size analysis Income statement figures expresses them as a percentage of Sales while for Balance sheet figures, entries are expressed as a percentage of Total Assets.

Cash and Cash Equivalents

Apple Google

= 20,484/321,686 = 6.37 % = 12,918/167,497 = 7.71%

Accounts Receivables

Apple Google

= 15,754/321,686 = 4.90 % = 14,137/167,497 = 8.44%

Inventories

Apple Google

= 2,132/321,686 = 0.66 % = 268/167,497 = 0.16%

Retained Earnings

Apple Google

= 96,364/321,686 = 29.96 % = 105,131/167,497 = 62.77%

Cost of Sales

Apple Google

= 131,376/215,639 = 60.92 % = 35,138/90,272 = 38.92%

Apple Google

Cash and equivalents 6.37% 7.71%

Accounts receivable, net 4.90% 8.44%

Inventories 0.66% 0.16%

Retained Earnings 29.96% 62.77%

Cost of Sales 60.92% 38.92%

Revenues 100% 100%

Total Assets 100% 100%

b. Dividends are paid from Retained Earnings so Retained earnings as a percent of total assets WILL DECREASE.

Answer from: Quest

Answergrowth stock;

Answer from: Quest

gather the things you’ll need. it’s best to have a parent or guardian to you open an account. the parent or guardian can co-sign your account, which means that they’ll sponsor you. as co-signers, they’ll need to bring two forms of current photo id. if they only have one piece of photo id, their second id may be a current major credit card or gas card.

Other questions on the subject: Business

Business, 21.06.2019 23:20, pwolfiimp4

Which feature transfers a slide show into a word-processing document?

Answers: 2

continue

Business, 22.06.2019 11:50, CheddaDsk

What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.

Answers: 2

continue

Business, 22.06.2019 18:50, gucc4836

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?

Answers: 3

continue

Business, 22.06.2019 19:00, FoxGirl1971

1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.

Answers: 2

continue

You know the right answer?

Key figures for Apple and Google follow. $ millions Apple Google
Cash and equivalents. . . ....