Assume Samsung forecasts total sales of 240 million Korean won for 2018 and plans to invest 18% of 2018 revenue in property, plant, and equipment. What amount (in Korean won) will Samsung budget for investments in property, plant, and equipment for 2018? (Round your answer to 1 decimal place.)

Access Samsung's and Apple's income statements (in Appendix A) for fiscal year 2017. The ratio of investments in property. plant, and equipment to sales can be used to assess how much a company is investing to maintain and expand its productive capacity. Requlred: 1. Compute Samsung's ratio of investments in property, plant, and equipment to sales for 2017. 2. Compute Apple's ratio of investments in property. plant, and equipment to sales for 2017. 3. Which company (Samsung or Apple) invested more (as a percent of sales) in property. plant, and equipment? 4. Assume Samsung forecasts total sales of 240 million Korean won for 2018 and plans to invest 18% of 2018 revenue in property. plant, and equipment. What amount (in Korean won) will Samsung budget for investments in property, plant, and equipment for 2018? Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Compute Samsung's ratio and Apple's ratio of investments in property, plant, and equipment to sales for 2017. (Round your answers to 2 decimal places.) Samsung's ratio Apple's ratio Samsung Electronics Co., Ltd. and Subsidiaries CONSOLIDATED STATEMENTS OF FINANCIAL POSITION December 31, 2017 December 31, 2016 (In millions of Korean won) Assets KRW KRW Current assets Cash and cash equi valents Short-term financial instruments 30,545,130 49,447,696 3,191,375 27,695,995 4,108,961 1,753,673 3,835,219 24,983,355 1,421,060 32,111,442 52,432,411 Short-term available-for-sale financial assets 3,638,460 24,279,211 3,521,197 1,439,938 3,502,083 18,353,503 1,315,653 Trade receivables Non-trade receivables Advance payments Prepaid expenses Inventories Other current assets Assets held-for-sale 835,806 141,429,704 Total current assets 146,982,464 Non-current assets 7,752,180 106,751 6,802,351 111,665,648 14,760,483 3,434,375 825,892 5,061,687 4,360,259 Long-term available-for-sale financial assets Held-to-maturity financial assets Investment in associates and joint ventures Property, plant and equipment Intangible assets Long-term prepaid expenses 6,804,276 5,837,884 91,473,041 5,344,020 3,834,831 Net defined benefit assets 557,091 5,321,450 1,572,027 Deferred income tax assets Other non-current assets Total assets 301,752,090 262,174,324 Liabilities and Equity Current liabilities 6,485,039 12,746,789 11,525,910 1,358,878 685,028 12,527,300 2,837,353 1,232,817 4,597,417 351,176 356,388 Trade payables Short-term borrowings Other payables Advances received 9,083,907 15,767,619 13,899,633 1,249,174 793,582 13,996,273 7,408,348 278,619 4,294,820 403,139 Withholdings Accrued expenses Income tax payable Current portion of long-term liabilities Provisions Other current liabilities Liabilities held-for-sale Total current liabilities 67,175,114 54,704,095 Non-current liabilities Debentures 953,361 1,814,446 2,043,729 58,542 1,244,238 3,317,054 Long-term borrowings Long-term other payables Samsung Electronics Co., Ltd. and Subsidiaries CONSOLIDATED STATEMENTS OF PROFIT OR LOSS For the year ended December 31 2017 2016 (In millions of Korean won) KRW KRW Revenue 239,575,376 201,866,745 Cost of sales 120,277,715 129,290,661 Gross profit 110,284,715 81,589,030 Selling and administrative expenses 56,639,677 52,348,358 Operating profit Other non-operating income Other non-operating expense Share of profit of associates and joint ventures 53,645,038 29,240,672 3,010,657 3,238,261 1,419,648 2,463,814 201,442 19,501 9,737,391 Financial income 11,385,645 Financial expense 8,978,913 10,706,613 56,195,967 14,009,220 42,186,747 30,713,652 7,987,560 22,726,092 Profit before income tax Income tax expense Profit for the period Profit attributable to owners of the parent Profit attributable to non-controlling interests 41,344,569 22,415,655 842,178 310,437 Earnings per share -Basic 299,868 157,967 -Diluted 299,868 157,967 The above consolidated statement of financial position should be read in conjunction with the accompanying notes