9 10 points Key figures for Apple and Google follow. Apple Google 5 millions Corrent...
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9 10 points Key figures for Apple and Google follow. Apple Google 5 millions Corrent Year Prior Year Current Year Prior Year Total assets $ 330,516 $365,725 $ 275,909 $ 232,792 Total liabilities 240,020 258,57 74.467 55,164 Total equity 90,488 107,147 201,442 177,620 Required: 1. Compute the debt-to-equity ratios for Apple and Google for both the current year and the prior year, 2. Use the ratios we computed in part 1 to determine which company's financing structure is less risky 3. Is its debt-to-equity ratio more risky or less risky compared to the industry (assumed) average of 0.5 for (a) Apple and (by Google? Print Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the debt-to-equity ratios for Apple and Google for both the current year and the prior year. (Round your final answers to 2 decimal places) Debt-to-Equity Ratio Apple's current year Apple's prior year Google's current year Google's por year aque Required 2 )
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