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HA 02.02 Comparative Analysis LU AT, 42 Key comparative figures for Apple and Google follow. $ millions Total liabilities Tot

AA 02-02 Comparative Analysis LO A1, A2 Key comparative figures for Apple and Google follow. $ millions Total liabilities Tot

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Answer #1

Answer 1 and 2:

Answer 1: Current year debt ratio Prior year debt ratio Apple 64.3% 60.1 % Answer 2: Current year debt ratio Prior year debt

Above excel with 'show formula' is as below:

1 Answer 1: Apple Current year debt ratio =241272/375319100% Prior year debt ratio =193437/321686*100 % 6 Answer 2: Google C

Answer 3:

Apple has a higher degree of financial leverage in current year.

In current year Apple's debt ratio at 64.3% is much higher than Google's debt ratio at 22.7%

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