Key comparative figures for Apple and Google follow. 1. What is the debt ratio for Apple in
Question:
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? What does this imply?
Transcribed Image Text:
Google Apple Current Year Prior Year Current Year Prior (in millions) Year Year Total liabilities ... Total assets .. $ 57,854 39,756 22,083 93,798 14,429 72,574 176,064 116,371
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1 The debt ratio assesses the solvency of a company It shows the companys ability to handle its tonglean obligations The tower the debt ratio the bett...View the full answer
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