Question: Key comparative figures for Apple and Google follow. $ millions ok Total liabilities Total assets k Apple Current Year $ 248,028 338,516 Prior Year $

Key comparative figures for Apple and Google follow. $ millions ok Total liabilities Total assets k Apple Current Year $ 248,028 338,516 Prior Year $ 258,578 365,725 Current Year Google Prior Year $ 74,467 275,909 $ 55,164 232,792 int tences 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. Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 What is the debt ratio for Apple in the current year and for the prior year? (F Apple Current year debt ratio Prior year debt ratio % % Required 1 Required Required 1 Required 2 Required 3 Jm What is the debt ratio for Google in the current year an Current year debt ratio Prior year debt ratio Google % % < Required 1

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