Question

Apple's most of its production is executed in China by suppliers like Hon Hai and Precision. So, for here in the United States, Apple itself has a small number of assets for a company that generates a large amount of revenues and profits. Apple's operating income was 25.25 billion (December 31st,2015), and cash paid for income taxes was 3.4 billion Apple eamed 21.85 billion. Revising Apple's balance sheet shows an average value for property, plant and equipment of 22.39 billion. Apple's return on average productive assets was 97.7% for that quarter

How does this affect Samsung, or how did Samsung react to this accounting issue or did this issue reflect on something that Samsung acted upon?

Answer 1

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