Refer to Google’s financial statements in Appendix A to compute its equity ratio as of December 31, 2015, and December 31, 2014.

Data From Google Financial Statement Appendix A

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Google Inc. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) Year Ended December 31 Net income Other comprehensive income (loss): 2013 2014 2015 12,733 14,136 16,348 Change in foreign currency translation adjustment Available-for-sale investments: 89 (996) (1,067) Change in net unrealized gains (losses) (392) 505 (715) Less: reclassification adjustment for net (gains) losses included in net income Net change (net of tax effect of $212, $60, and $29) (162) (134) 208 (554) 371 (507) Cash flow hedges: Change in net unrealized gains 112 651 676 Less: reclassification adjustment for net gains included in net income (60) (124) (1,003) Net change (net of tax effect of $30, $196, and $115) 52 527 (327) Other comprehensive loss (413) (98) (1,901) Comprehensive income 12,320 $ 14,038 $ 14,447