Question: FSA 02-02 Comparative Analysis LO A2 Key comparative figures for Apple and Google follow. millions Total liabilities Total assets Apple Current Year Prior Year $
FSA 02-02 Comparative Analysis LO A2 Key comparative figures for Apple and Google follow. millions Total liabilities Total assets Apple Current Year Prior Year $ 258,578 $241,272 365,725 375,319 Google Current Year Prior Year $ 55,164 $ 44,793 232,792 197,295 Required: 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? Complete this question by entering your answers in the tabs below. Required il Required 2 Required 3 What is the debt ratio for Apple in the current year and for the prior year? (Round your answers to 1 decimal place.) Apple Current year debt ratio Prior year debt ratio Pop Required 2 >
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