AA 17-2 Comparative Analysis LO C1, P2 Key figures for Apple and Google follow. $ millions Cash and equivalents Apple $ 48,844 Google $ 18,498 Accounts receivable, net 22,926 Inventories Retained earnings 4,106 25,326 999 45,898 152,122 Revenues Cost of sales Total assets Required: 161,782 71,896 260,174 161,857 338,516 275,909 1. Compute common-size percents for each company using the data given. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales? Required 1 Required 2 Required 3 Compute common-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) $ millions Cash and equivalents Apple % Google % Accounts receivable, net % % Inventories % % Retained earnings % % Cost of sales % % Revenues Total assets % % % % < Required 1 Required 2 >