Key figures for Apple and Google follow. Required: Compute the debt-to-equity ratios for Apple...
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Accounting
Key figures for Apple and Google follow. Required: Compute the debttoequity ratios for Apple and Google for both the current year and the prior year. Use the ratios we computed in part to determine which company's financing structure is less risky. Is its debttoequity ratio more risky or less risky compared to the industry assumed average of for a Apple and b Google? Complete this question by entering your answers in the tabs below. Required Compute the debttoequity ratios for Apple and Google for both the current year and the prior year. Note: Round your final answers to decimal places.
Key figures for Apple and Google follow.
Required:
Compute the debttoequity ratios for Apple and Google for both the current year and the prior year.
Use the ratios we computed in part to determine which company's financing structure is less risky.
Is its debttoequity ratio more risky or less risky compared to the industry assumed average of for
a Apple and
b Google?
Complete this question by entering your answers in the tabs below.
Required
Compute the debttoequity ratios for Apple and Google for both the current year and the prior year.
Note: Round your final answers to decimal places.
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