Compare the following items for Apple and Samsung in their financial statements:

Revenues for products

Revenues for services

Cost of goods sold

Accounts receivable

Inventories

Accounts payable

Research and development

What are some factors that can impact the gross profit of a merchandise company?

One item that can help investors understand the relationship between net sales and net profits is the gross profit rate. The calculation explanation for this financial ratio is found on page $519$ and $520$ of the textbook. Find the financial information needed to calculate the gross profit rate for your two selected companies.

Which company has the better ratio?

Why do you think this is the case?