Key figures for Samsung follow (in $ millions). Required 1. Compute common-size percents for Samsung using the
Question:
Key figures for Samsung follow (in $ millions).
Required
1. Compute common-size percents for Samsung using the data given. Round percents to one decimal.
2. What is Samsung’s gross margin ratio on sales?
3. Does Samsung’s gross margin ratio outperform or underperform the industry average of 25%?
Transcribed Image Text:
Cash and equivalents..... $ 23,069 Cost of sales.... $126,336 Accounts receivable, net .. 30,144 Revenues 197,691 Inventories .. 22,966 Total assets. 302,511 Retained earnings 218,440
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1 2 361 Explanation Samsungs cost of sales percent is 639 This implies that Samsung has ...View the full answer
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