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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Google Apple Prior Year Current Year Prior Current Year ($ millions) Year $116,371 39,756 Total assets Total liabilities Total equity $176,064 57,854 $72,574 14,429 $93,798 22,083 118,210 58,145 76,615 71,715