Key comparative figures ($ millions) for both Apple and Google follow. Apple Google Key Figures Current Year Prior Year Current Year Prlor Year Liabilittes + Equity. $375,319 $321,686 $197,295 $167,497 Net Income 48,351 45,687 12,662 19,478 Revenues. 229,234 215,639 110,855 90,272

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter3: The Adjusting Process
Section: Chapter Questions
Problem 29E
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How much are current-year expenses for (a) Apple and (b) Google?

Key comparative figures ($ millions) for both Apple and Google follow.
Apple
Google
Key Figures
Current Year
Prior Year
Current Year
Prlor Year
Liabilittes + Equity.
$375,319
$321,686
$197,295
$167,497
Net Income
48,351
45,687
12,662
19,478
Revenues.
229,234
215,639
110,855
90,272
Transcribed Image Text:Key comparative figures ($ millions) for both Apple and Google follow. Apple Google Key Figures Current Year Prior Year Current Year Prlor Year Liabilittes + Equity. $375,319 $321,686 $197,295 $167,497 Net Income 48,351 45,687 12,662 19,478 Revenues. 229,234 215,639 110,855 90,272
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