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Key comparative figures for Apple, Google, and Samsung follow. In millions Total liabilities Total assets Samsung Current Year Prior Year $ 76,952 $ 78,599 302,511
Key comparative figures for Apple, Google, and Samsung follow. In millions Total liabilities Total assets Samsung Current Year Prior Year $ 76,952 $ 78,599 302,511 291,179 Apple Current Year $ 248,028 338,516 Google Current Year $ 74,467 275,909 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 in the tabs below. Required 1 Required 2 Required 3 Compute Samsung's debt ratio for the current year and prior year. (Round your answers to 1 decimal place.) Samsung % % Current year debt ratio Prior year debt ratio % Did Samsung's financial leverage increase or decrease in the current year? Did Samsung's financial leverage increase or decrease in the current year? Looking at the current-year debt ratio, is Samsung a more risky or less risky investment than (a) Apple and (b) Google? Samsung is Samsung is than Apple. than Google
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