Key comparative figures for Apple and Google follow. 1. What is the debt ratio for Apple in
Question:
Key comparative figures for Apple and Google follow.
1. What is the debt ratio for Apple in the current year and for the prior year?
2. What is the debt ratio for Google in the current year and for the prior year?
3. Which of the two companies has the higher degree of financial leverage in the current year?
Transcribed Image Text:
Apple Google $ millions Current Year Prior Year Current Year Prior Year $193,437 321,686 $170,990 290,345 $ 28,461 167,497 $ 27,130 147,461 Total llabilities.. Total assets
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1 Apple Current year debt ratio 193437321686 601 Prior year debt ra...View the full answer
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QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
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TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
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Related Book For
Financial Accounting Information for Decisions
ISBN: 978-1259917042
9th edition
Authors: John J. Wild
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