Apple's and Google's income statements in Appendix A both show increasing sales and cost of sales. The gross margin ratio can be used to analyze how well companies control costs as sales increase. Required: 1. Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. 2. Compute the gross margin ratio for Google for each of the fiscal years ended December 31, 2017, and December 31, 2016. 3. Which company (Apple, Google, or neither) improved its control of costs during 2017, as reflected in the gross margin ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. (Round your final answers to 3 decimal places.) Year Ended Sept. 30, 2017 Year Ended Sept. 24, 2016 Apple gross margin ratio Apple's and Google's income statements in Appendix A both show increasing sales and cost of sales. The gross margin ratio can be used to analyze how well companies control costs as sales increase. Required: 1. Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. 2. Compute the gross margin ratio for Google for each of the fiscal years ended December 31, 2017, and December 31, 2016. 3. Which company (Apple, Google, or neither) improved its control of costs during 2017, as reflected in the gross margin ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the gross margin ratio for Google for each of the fiscal years ended December 31, 2017, and December 31, 2016. (Round your final answers to 3 decimal places.) Year Ended Dec. 31, 2017 Year Ended Dec. 31, 2016 Google gross margin ratio Apple's and Google's income statements in Appendix A both show increasing sales and cost of sales. The gross margin ratio can be used to analyze how well companies control costs as sales increase. Required: 1. Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. 2. Compute the gross margin ratio for Google for each of the fiscal years ended December 31, 2017, and December 31, 2016. 3. Which company (Apple, Google, or neither) improved its control of costs during 2017, as reflected in the gross margin ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which company (Apple, Google, or neither) improved its control of costs during 2017, as reflected in the gross margin ratio? For Apple For Google Apple's and Google's income statements in Appendix A both show increasing sales and cost of sales. The gross margin ratio can be used to analyze how well companies control costs as sales increase. Required: 1. Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. 2. Compute the gross margin ratio for Google for each of the fiscal years ended December 31, 2017, and December 31, 2016. 3. Which company (Apple, Google, or neither) improved its control of costs during 2017, as reflected in the gross margin ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. (Round your final answers to 3 decimal places.) Year Ended Sept. 30, 2017 Year Ended Sept. 24, 2016 Apple gross margin ratio Apple's and Google's income statements in Appendix A both show increasing sales and cost of sales. The gross margin ratio can be used to analyze how well companies control costs as sales increase. Required: 1. Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. 2. Compute the gross margin ratio for Google for each of the fiscal years ended December 31, 2017, and December 31, 2016. 3. Which company (Apple, Google, or neither) improved its control of costs during 2017, as reflected in the gross margin ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the gross margin ratio for Google for each of the fiscal years ended December 31, 2017, and December 31, 2016. (Round your final answers to 3 decimal places.) Year Ended Dec. 31, 2017 Year Ended Dec. 31, 2016 Google gross margin ratio Apple's and Google's income statements in Appendix A both show increasing sales and cost of sales. The gross margin ratio can be used to analyze how well companies control costs as sales increase. Required: 1. Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. 2. Compute the gross margin ratio for Google for each of the fiscal years ended December 31, 2017, and December 31, 2016. 3. Which company (Apple, Google, or neither) improved its control of costs during 2017, as reflected in the gross margin ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which company (Apple, Google, or neither) improved its control of costs during 2017, as reflected in the gross margin ratio? For Apple For Google
