FIN + MANAG ACCT (LL) W/CONNECT (YEAR)
FIN + MANAG ACCT (LL) W/CONNECT (YEAR)
9th Edition
ISBN: 9781265202149
Author: Wild
Publisher: MCG
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Chapter 12, Problem 2.2AA
To determine

Introduction: Cash flows on total assets ratio indicates the amount generated after getting utilized the total assets owned by the business. The higher ratio indicates efficient use of the assets.

To compare: The cash flow on total assets ratio of Company A and Company G.

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Key figures for Apple and Google follow. $ millions Operating cash flows Total assets Apple Google Current Year 1 Year Prior 2 Years Prior Current Year 1 Year Prior 2 Years Prior $ 77,434 $ 36,036 365,725 $ 37,091 197,295 167,497 Apple Google 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? Complete this question by entering your answers in the tabs below. $ 64,225 375,319 Cash Flow On Total Assets Ratio Current Year Prior Year % % $ 66,231 321,686 Required 1 Required 2 Required 3 Compute the recent two years' cash flow on total assets ratios for Apple and Google. Note: Round final answers to 1 decimal place. % $ 47,971 232,792
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Refer to the above company’s financial statements. Calculate the current and quick ratios. Has the company’s liquidity position improved or worsened? Explain.  A computer manufacturer has financial statements as follows: Income Statements for Year Ending December 31  (Thousands of Dollars)     2019 2018 Sales       $945,000 $900,000 Expenses excluding depreciation and amortization 812,700 774,000   EBITDA       $132,300 $126,000 Depreciation and amortization   33,100 31,500   EBIT       $99,200 $94,500 Interest Expense     10,470 8,600   EBT       $88,730 $85,900 Taxes (25%)       22,183 21,475   Net income       $66,547 $64,425             Common dividends     $56,609 $54,115 Addition to retained earnings   $9,938 $10,310             Balance Sheets for Year Ending December 31     (Thousands of Dollars)         Assets       2019 2018 Cash and cash equivalents…

Chapter 12 Solutions

FIN + MANAG ACCT (LL) W/CONNECT (YEAR)

Ch. 12 - Prob. 11QSCh. 12 - Prob. 12QSCh. 12 - Prob. 13QSCh. 12 - Prob. 14QSCh. 12 - Prob. 15QSCh. 12 - Prob. 16QSCh. 12 - Prob. 17QSCh. 12 - Prob. 18QSCh. 12 - Prob. 19QSCh. 12 - Prob. 20QSCh. 12 - Prob. 21QSCh. 12 - Prob. 22QSCh. 12 - Prob. 23QSCh. 12 - Prob. 24QSCh. 12 - Prob. 25QSCh. 12 - Prob. 26QSCh. 12 - Prob. 27QSCh. 12 - Prob. 28QSCh. 12 - Prob. 1ECh. 12 - Prob. 2ECh. 12 - Prob. 3ECh. 12 - Prob. 4ECh. 12 - Prob. 5ECh. 12 - Prob. 6ECh. 12 - Prob. 7ECh. 12 - Prob. 8ECh. 12 - Prob. 9ECh. 12 - Prob. 10ECh. 12 - Prob. 11ECh. 12 - Prob. 12ECh. 12 - Prob. 13ECh. 12 - Prob. 14ECh. 12 - Prob. 15ECh. 12 - Prob. 16ECh. 12 - Prob. 17ECh. 12 - Prob. 18ECh. 12 - Prob. 19ECh. 12 - Prob. 20ECh. 12 - Prob. 21ECh. 12 - Prob. 22ECh. 12 - Prob. 1PSACh. 12 - Prob. 2PSACh. 12 - Prob. 3PSACh. 12 - Prob. 4PSACh. 12 - Prob. 5PSACh. 12 - Prob. 6PSACh. 12 - Prob. 7PSACh. 12 - Prob. 8PSACh. 12 - Prob. 1PSBCh. 12 - Prob. 2PSBCh. 12 - Prob. 3PSBCh. 12 - Prob. 4PSBCh. 12 - Prob. 5PSBCh. 12 - Prob. 6PSBCh. 12 - Prob. 7PSBCh. 12 - Prob. 8PSBCh. 12 - Prob. 12SPCh. 12 - Prob. 1.1AACh. 12 - Prob. 1.2AACh. 12 - Prob. 1.3AACh. 12 - Prob. 1.4AACh. 12 - Prob. 2.1AACh. 12 - Prob. 2.2AACh. 12 - Prob. 2.3AACh. 12 - Prob. 3.1AACh. 12 - Prob. 3.2AACh. 12 - Prob. 3.3AACh. 12 - Prob. 1DQCh. 12 - Prob. 2DQCh. 12 - Prob. 3DQCh. 12 - Prob. 4DQCh. 12 - Prob. 5DQCh. 12 - Prob. 6DQCh. 12 - Prob. 7DQCh. 12 - Prob. 8DQCh. 12 - Prob. 9DQCh. 12 - Prob. 10DQCh. 12 - Prob. 11DQCh. 12 - Prob. 1BTNCh. 12 - Prob. 2BTNCh. 12 - Prob. 3BTNCh. 12 - Prob. 5BTN
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