(Answered) Question key figures for research in motion and apple

Accounting

Question: Key figures for Research In Motion and Apple follow.

Required: 1. Compute the debt-to-equity ratios for Research In Motion and Apple for both the current year and the prior year.

2. Use the ratios you computed in part 1 to determine which company's financing structure is least risky. Assume an industry average of 0.64 for debt-to-equity.

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