Key figures for the recent two years of both Apple and Google follow. Apple Google $...

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Key figures for the recent two years of both Apple and Google follow. Apple Google $ millions Current Year Current assets Current liabilities $ 162,819 105,718 Prior Year $ 131,339 $ 152,578 115,929 45,221 Current Year Prior Year $ 135,676 34,620 Required: es 1. Compute current ratios for (a) Apple and (b) Google for the two years reported above. 2. In the current year, which company has the better ability to pay short-term obligations according to the current ratio? 3-a. Do Apple's current ratio underperform or outperform the industry (assumed) average ratio of 2.0? 3-b. Do Google's current ratio underperform or outperform the industry (assumed) average ratio of 2.0? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A and 3B Compute current ratios for (a) Apple and (b) Google for the two years reported above. Note: Round your answers to 2 decimal places. ($ millions) Current ratios Apple Google Current Prior Current Prior < Required 1 Required 2 > < Prev 2 of 3 Next > Key figures for the recent two years of both Apple and Google follow. Apple Google $ millions Current Year Current assets Current liabilities $ 162,819 105,718 Prior Year $ 131,339 $ 152,578 115,929 45,221 Current Year Prior Year $ 135,676 34,620 Required: es 1. Compute current ratios for (a) Apple and (b) Google for the two years reported above. 2. In the current year, which company has the better ability to pay short-term obligations according to the current ratio? 3-a. Do Apple's current ratio underperform or outperform the industry (assumed) average ratio of 2.0? 3-b. Do Google's current ratio underperform or outperform the industry (assumed) average ratio of 2.0? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A and 3B Compute current ratios for (a) Apple and (b) Google for the two years reported above. Note: Round your answers to 2 decimal places. ($ millions) Current ratios Apple Google Current Prior Current Prior < Required 1 Required 2 > < Prev 2 of 3 Next >