Key figures for Apple and Google follow. Required 1. Compute common-size percents for each of the companies

Question:

Key figures for Apple and Google follow.

image

Required

1. Compute common-size percents for each of the companies using the data provided. (Round percents to one decimal.)

2. If Google decided to pay a dividend, would retained earnings as a percent of total assets increase or decrease?

3. Which company has a higher gross margin ratio on sales?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: