Chapter 14, Problem 9BTN

Samsung (w ww.Sanisung.com). Apple, and Google are competitors in the global marketplace. Selected results from these companies follow.

SamsungAppleGoogle

(W millions)(S millions)($ millions)

Key Figures	CurrentYear	PriorYear	CurrentYear	PriorYear	CurrentYear	PriorYear
Total assets..............	W214,075,018	W181,071,570	$207,000	$176,064	$110,920	$93,798
Total liabilities..............	64,059,008	59.591,364	83.451	57.854	23.611	22.083
Total equity..............	150.016,010	121.480,206	123.549	118.210	87.309	71.715
Debt-to-equity ratio .........	f	!	0.68	0.49	0.27	0.31

Required

1. Compute Samsung’s debt-to-equity ratio for the current year and the prior year.
2. Use the data provided and the ratios computed in part 1 to determine which company’s financing structure is least risky.