Key comparative figures for Samsung, Apple, and Google follow. Required 1. Compute the gross margin ratio for

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Key comparative figures for Samsung, Apple, and Google follow.


Required

1. Compute the gross margin ratio for each of the three companies.
2. Is Samsung’s gross margin ratio better or worse than that for 

(a) Apple? 

(b) Google?
3. Is the single-step or multiple-step income statement format used in the case of 

(a) Apple, 

(b) Google, 

(c) Samsung?

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