Solution-What is the debt ratio for Apple in the current

What is the debt ratio for Apple in the current year

Reference no: EM132571674

Question - Key comparative figures for Apple and Google follow.

$ Millions	Apple		Google
	Current Year	Prior Year	Current Year	Prior Year
Total liabilities	$241,272	$193,437	$44,793	$28,461
Total assets	375,319	321,686	197,295	167,497

Required -

1. What is the debt ratio for Apple in the current year and for the prior year?

2. What is the debt ratio for Google in the current year and for the prior year?

3. Which of the two companies has the higher degree of financial leverage in the current year?

Reference no: EM132571674

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What is the debt ratio for Apple in the current year

Reference no: EM132571674

Reference no: EM132571674

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