AA 3-2 Comparative Analysis LO A1 Key figures for the recent two years of both Apple and Google follow. Current Year Apple Google $ millions Net income $ 55,256 Prior Year $ 59,531 Current Year $ 34,343 Net sales Current assets 260,174 162,819 265,595 161,857 131,339 152,578 Current liabilities 105,718 115,929 45,221 Prior Year $ 30,736 136,819 135,676 34,620 Required: Check my wo 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.