GOME (www.GOME.com.hk), which is the leading chain retailer of consumer electronic products and household appliances in China,
Question:
GOME (www.GOME.com.hk), which is the leading chain retailer of consumer electronic products and household appliances in China, along with Best Buy and RadioShack are competitors in the global marketplace. Key figures for GOME follow (in RMB 000s).
Cash and equivalents . . . . . . . . . . . . 3,051,069
Accounts receivable, net . . . . . . . . 45,092
Inventories . . . . . . . . . . . . . . . . . . . . 5,473,497
Retained earnings . . . . . . . . . . . . . . 8,228,043
Cost of sales . . . . . . . . . . . . . . . . . . 41,381,223
Revenues . . . . . . . . . . . . . . . . . . . . . 45,889,257
Total assets . . . . . . . . . . . . . . . . . . . 27,495,104
Required
1. Compute common-sized percents for GOME using the data provided. (Round percents to one decimal.)
2. Compare the results with Best Buy and RadioShack from BTN 13-2.
Step by Step Answer: