Key figures for the recent two years of both Apple and Google follow. Apple Google $ millions Net income Net sales Current Year Prior Year $ 59,531 $ 48,351 Current Year $ 30,736 Prior Year $ 12,662 265,595 229,234 136,819 110,855 Current assets 131,339 128,645 135,676 Current liabilities 116,866 100,814 34,620 124,308 24,183 Required: 1. Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. 2. In the current 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. Required 1 Required 2 Required 3 Required 4 Compute current ratios for (a) Apple and (b) Google for the two years reported above. Note: Round your answers to 2 decimal places. (a) Apple (b) Google Current Ratios Current Year Prior Year < Required 2 Required 4 >