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Key comparative figures for Apple, Google, and Samsung follow. In millions Total liabilities Total assets Sansung Current Year 91,604,067 339,357,244 Prior Year 87,260,662 301,752,090
Key comparative figures for Apple, Google, and Samsung follow. In millions Total liabilities Total assets Sansung Current Year 91,604,067 339,357,244 Prior Year 87,260,662 301,752,090 Apple Current Year $258,578 365,725 Google Current Year $ 55,164 232,792 Required: 1. Compute Samsung's debt ratio for the current year and prior year. 2. Did Samsung's financial leverage increase or decrease in the current year? 3. Looking at the current-year debt ratio, is Samsung a more risky or less risky investment than (a) Apple and (b) Google? Complete this question by entering your answers is the tabs below. Required 1 Required 21 Required 3 Compute Samsung's debt ratio for the current year and prior year. (Round your answers to 1 decimal place.) Current year debt ratio Samsung Prior year debt ratio Required 1 Required 2 > 3 of 16 Next >
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