Key figures for the recent two years of both Apple and Google follow. $ millions Net income Net sales Current assets Current liabilities Required: Apple Current Year Google Prior Year $ 59,531 $ 48,351 Current Year $ 30,736 Prior Year $ 12,662 265,595 229,234 136,819 110,855 131,339 128,645 135,676 124,308 116,866 100,814 34,620 24,183 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 In the current year, which company has the better ability to pay short-term obligations according to the current ratio? Which company has the better ability to pay short-term obligations according to the current ratio? < Required 3 Required 4