Question: FSA 2-2 Key comparative figures for Apple and Google follow. $ millions Total liabilities Total assets Apple Google Current Year Prior Year Current Year Prior

FSA 2-2 Key comparative figures for Apple and Google follow. $ millions Total liabilities Total assets Apple Google Current Year Prior Year Current Year Prior Year $193,437 321,686 $170,990 290,345 $ 28,461 $ 27,130 167,497 147,461 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

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