Saved Key figures for the recent two years of both Apple and Google follow. $ millions Net income Net sales Current assets Current liabilities Apple Current Year Prior Year $ 45, 687 $ 53, 394 215, 639 233, 715 106,869 89, 378 79, 006 80, 610 Google Current Year Prior Year $ 19,478 $16, 348 90, 272 74,989 105,408 90, 114 16, 756 19, 310 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 profit margins for (a) Apple and (b) Google for the two years of data reported above. (Round your percentage answers to 1 decimal place.) Profit Margins Current Year Prior Year % % % % (a) Apple (6) Google Required Required 2 > $ millions Net income Net sales Current assets Current liabilities Year $ 45, 687 215, 639 106,869 79,006 Prior Yea $ 53, 394 233, 715 89, 378 80, 610 Year $ 19,478 90, 272 105, 408 16, 756 Prior $16, 74, 90 19, Required: 1. Compute profit margins for (a) Apple and (b) Google for the two years of data report 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 abov 4. In the current year, which company has the better ability to pay short-term obligation 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 is more successful on the basis of profit margin? Which company is more successful on the basis of profit margin?