Key figures for Apple and Google follow.

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?

Complete this question by entering your answers in the tabs below.

Required $1$

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

Note: Round your final answers to $2$ decimal places.