Samsung (www.Samsung.com), Apple, and Google are competitors in the global market-place. Selected results from these companies follow.
Question:
Samsung (www.Samsung.com), Apple, and Google are competitors in the global market-place. Selected results from these companies follow.
Required
1. Compute Samsung's debt-to-equity ratio for the current year and the prior year.
2. Use the data provided and the ratios computed in part 1 to determine which company's financing structure is least risky.
Transcribed Image Text:
Samsung W millions) Apple (S millions) Google (S millions) Current Year Prior Year Current Prior Current Prior Year Year Year Year Key Figures Total assets. .. . WW214,075,018 WI81,071,570 $207,000 $176,064 $10,920 $93,798 Total liabilities ....64,059,008 Total equity .. Debt-to-equity ratio 9,91,364 83,45 57,854 23,6 22,083 150,016,010 21,480,206 123,549 18,210 87,309 71,715 0.49 0.270.3 0.68
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1 Samsungs current year debttoequity ratio in KRW millions 640590...View the full answer
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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