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 Prior Year Prior Curront Year Current Year $ milions Year Total assets .. Total liabilities Total equity $290,479 171,124 119,355 $147,461 27,130 120,331 $231,839 120,292 111,547 $129,187 25,327 103,860