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6 AA 3-2 Comparative Analysis LO A1 Key figures for the recent two years of both Apple and Google follow. Apple Google Current Year

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6 AA 3-2 Comparative Analysis LO A1 Key figures for the recent two years of both Apple and Google follow. Apple Google Current Year Prior Year Current Year Prior Year 5 millions eBook Net income $55,256 Net sales 260,174 $59,531 265,595 $ 34,343 161,857 AL Current assets. 162,819 131,339 152,578 Current liabilities 105,718 115,929 45,221 Required: $ 30,736 136,819 135,676 34,620 1. Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. 2. In the prior year, which company is more successful on the basis of profit margin? 3. Compute current ratios for (a) Apple and (b) Google for the two years reported above. 4. In the current year, which company has the better ability to pay short-term obligations according to the current ratio? Complete this question by entering your answers in the tabs below. www Required 1 Required 2 Required 3 Required 4 Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. (R

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