Apple Current Year Prior Year $ 45,687 $ 53,394 215, 639 233,715 106,869 89,378 79,006 80,610 $ millions Net income Net sales Current assets Current liabilities Google Current Year Prior Year $ 19,478 $16,348 90,272 74,989 105, 408 90,114 16,756 19,310 19.478 Required: 1. Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. 2. In the current year, which company is more successful on the basis of profit margin? 3. Compute current ratios for (a) Apple and (b) Google for the two years reported above. 4. In the current year, which company has the better ability to pay short-term obligations according to the current ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. (Round your percentage answers to 1 decimal place.) Profit Margins Current Year Prior Year (a) Apple (b) Google Required 1 Required 2 Required 3 Required 4 In the current year, which company is more successful on the basis of profit margin? Which company is more successful on the basis of profit margin? Required 1 Required 2 Required 3 Required 4 Compute current ratios for (a) Apple and (b) Google for the two years reported above. (Round your answers to 2 decimal places.) Current Ratios Current Year Prior Year (a) Apple (b) Google Required 1 Required 2 Required 3 Required 4 In the current year, which company has the better ability to pay short-term obligations according to the current ratio? Which company has the better ability to pay short-term obligations according to the current ratio