Key figures for the recent two years of both Apple and Google follow. Required 1. Compute current

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Key figures for the recent two years of both Apple and Google follow.image



Required1. Compute current ratios for


(a) Apple


(b) Google for the two years reported above.2. In the current year, which company has the better ability to pay short-term obligations according to the current ratio?3. Do


(a) Apple’s


(b) Google’s current ratios underperform or outperform the industry (assumed) average ratio of 2.0?

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