Key figures for Apple and Google follow.

Required
1. Compute the debt-to-equity ratios for Apple and Google for both the current year and the prior year.
2. Use the ratios you computed in part 1 to determine which company€™s financing structure is least risky. Assume an industry average of 0.44 for debt-to-equity.

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Apple Google Current Year Prior Year Current Year Prior Year ($ millions) Total assets. Total liabilities.... Total equity .123,549 $207,000 83,451 $176,064 57,854 118,210 $110,920 23,611 87,309 $93,798 22,083 71,715