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Google Has The Following Selected Data in Millions 2009
Google Has The Following Selected Data in Millions 2009
Google Has The Following Selected Data in Millions 2009
#8801
Google has the following selected data ($ in millions):.......................................2009................
2008Net sales........................ $23,651............ $21,796Net income
........................6,520............... 4,227Operating cash flows............ 9,316 ...............7,853Total
assets....................... 40,497 .............31,768Required:1. Calculate the return on assets.
Compare it with the amounts calculated for Apple and Dell in Illustration 11-21.2. Calculate the
cash return on assets. Compare it with the amounts calculated for Apple and Dell in Illustration
11-22.3. Calculate the cash flow to sales ratio and the asset turnover ratio. Compare the ratios
with those calculated for Apple and Dell in Illustrations 11-24 and 11-25. Is Google's business
strategy closer to Apple's or to Dell's?View Solution:
Google has the following selected data in millions 2009
ANSWER
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