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Question: Key comparative figures ($ millions) for both Research In Motion and Apple follow.

Required: 1. What is the total amount of assets invested in (a) Research In Motion and (b) Apple?

2. What is the return on assets for (a) Research In Motion and (b) Apple? Research In Motion's beginning-year assets equal $8,101 (in millions) and Apple's beginning-year assets equal $36,171 (in millions).

3. How much are expenses for (a) Research In Motion and (b) Apple?

4. Is return on assets satisfactory for (a) Research In Motion and (b) Apple? (Assume competitors average an 18% return.)

5. What can you conclude about Research In Motion and Apple from these computations?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92336750

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