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

Required

1. Compute profit margins for (a) Apple and (b) Google for the two years of data reported above.

2. In the current year, which company is more successful on the basis of profit margin?

3. Compute current ratios for (a) Apple and (b) Google for the two years reported above.

4. In the current year, which company has the better ability to pay short-term obligations according to the current ratio?

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Apple Google $ illions Current Year Prlor Year Current Year Prlor Year $ 59,531 Net income... Net sales .. $ 48,351 $ 30,736 $ 12,662 265,595 229,234 136,819 110,855 Current assets 131,339 128,645 135,676 124,308 Current liabilities..... 116,866 100,814 34,620 24,183