25.65% is Google’s Long Term Assets as % of Total Assets 2018. 70.82% is Walmart’s Long Term...

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Accounting

25.65% is Google’s Long Term Assets as % of Total Assets2018.

70.82% is Walmart’s Long Term Assets as % of TotalAssets 2018.

-What are the possible reasons for the difference in Long TermAssets value between the two companies?

-Which company has the stronger asset turnover in2018?  What does Asset turnover indicate?

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Reasons for difference in Long Term Assets value between the twocompanies Google and WalmartGoogle is a Software company whose main revenue is generatedfrom providing services Cloud Advertising etc whereas Walmart isa company whose main revenue is generated from trading of goods onits retail outletsClearly there is a difference in the nature of business oroperations of both the    See Answer
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