Key figures for Apple and Google follow.

$ millions Apple Google

Current Year Prior Year Current Year Prior Year

Total assets $ $338,516$ $ $365,725$ $ $275,909$ $ $232,792$

Total liabilities $248,028258,57874,46755,164$

Total equity $90,488107,147201,442177,628$

Required:

Compute the debt$-$to$-$equity ratios for Apple and Google for both the current year and the prior year.

Use the ratios we computed in part $1$ to determine which company$$s financing structure is less risky.

Is its debt$-$to$-$equity ratio more risky or less risky compared to the industry $($assumed$)$ average of $0\mathrm{.}5$ for $($a$)$ Apple and $($b$)$ Google?