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Business, 21.09.2020 09:01 lavishbre12

AA 02-02 Comparative Analysis LO A1, A2 Key comparative figures for Apple and Google follow. Apple Google $ millions Current Year Prior Year Current Year Prior Year Total liabilities $241,272 $193,437 $ 44,793 $ 28,461 Total assets 375,319 321,686 197,295 167,497 Required: 1. What is the debt ratio for Apple in the current year and for the prior year? 2. What is the debt ratio for Google in the current year and for the prior year? 3. Which of the two companies has the higher degree of financial leverage in the current year?

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AA 02-02 Comparative Analysis LO A1, A2 Key comparative figures for Apple and Google follow. Apple G...
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