Question

Key figures for Apple and Google follow. Apple $ millions Total assets Total liabilities Total equity Current Year Prior Year
Key figures for Apple and Google follow. Apple $ millions Total assets Total liabilities Total equity Current Year Prior Year
Key figures for Apple and Google follow. Apple $ millions Total assets Total liabilities Total equity Current Year Prior Year
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Answer #1
Required 1 :
Debt-to-Equity ratio
Apple's current year [ 241272 / 134047 ] 1.80
Apple's prior year [ 193437 / 128249 ] 1.51
Google's current year [ 44793 / 152502 ] 0.29
Google's prior year [ 28461 / 139036 ] 0.20
Required 2 :
Which company's financial structure is least risky? Google
Reason : As its debt-to-equity ratio is less than that of Apple, its financial structure is least risky.
Required 3 :
a. Apple More risky
b. Google Less risky
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