Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. key comparative figures for apple and google follo

Key comparative figures for Apple and Google follow. Apple Google...

90.2K

Verified Solution

Question

Accounting

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 375,319321,686197,295167,497
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?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A closed system contains 1kg of air initially at 100kPa, 30 deg Celsius and 0.5m3.The air...

Chemistry
Q

A simple air cooled system is used for an aeroplane to take a load of 10...

Mechanical Engineering
Q

Antigenic shift...is an major change in influenza virus Agenerates new subtypes of influenza virus Ahappens...

Biology
Q

Which epithelial type is highlighted transitional epithelium pseudostratified columnar epithelium stratified squamous epithelium simple columnar...

Biology
Q

A rod of length and radius ris joined to a rod of length 1 2...

Physics
Q

In a recent Gallup survey of 1 012 randomly selected U S adults age 18...

Statistics
Q

Write this number in scientific notation Use an asterisk for the multiplication symbol 0 000905

Algebra
Q

Leticia drew a triangle with exactly two sides of equal length. What type of triangle...

Algebra
Q

The ratios that reflect financial strength are A) activity and coverage ratios. B) liquidity and...

Accounting
Q

Alex and Bess have been in partnership for many years. The partners, who share profits...

Accounting
Q

On fune 1, 2024, Everly Bottie Company sold $3,000,000 in long term bonds for $2,631,317....

Accounting
Q

las herramientas escolares recientemente compraron inventario de uno de sus mayores proveedores. La empresa recibe...

Accounting