Question: AA 10-2 Comparative Analysis LO A2 Key figures for Apple and Google follow. 5 millions Total assets Total liabilities Total equity Apple Current Year Prior
AA 10-2 Comparative Analysis LO A2 Key figures for Apple and Google follow. 5 millions Total assets Total liabilities Total equity Apple Current Year Prior Year $ 338,516 $365,725 248,028 258,578 90,488 107,147 Google Current Year Prior Year $ 275,909 $ 232,792 74,467 55,164 201,442 177,628 Required: 1. Compute the debt-to-equity ratios for Apple and Google for both the current year and the prior year, 2. Use the ratios we computed in part 1 to determine which company's financing structure is less risky 3. Is its debt-to-equity ratio more risky or less risky compared to the industry (assumed) average of os for (a) Apple and (b) Google? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Compute the debt-to-equity ratios for Apple and Google for both the current year and the prior year. (Round your final answers to 2 decimal places.) De 8! Next >
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