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Key comparative figures for Samsung, Apple, and Google follow. In millions Samsung Apple Google Net sales $ 197,691 $ 260,174 $ 161,657 Cout of Sales

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Key comparative figures for Samsung, Apple, and Google follow. In millions Samsung Apple Google Net sales $ 197,691 $ 260,174 $ 161,657 Cout of Sales 5 126,336 $ 161,782 $ 71,896 Required: 1. Compute the gross margin ratio for each of the three companies. (millions of $) 2-a. Is Samsung's gross margin ratio better or worse than that for Apple? 2.b. Is Samsung's gross margin ratio better or worse than that for Google? 3.a. Is the single-step or multiple-step income statement format used in the case of Apple? 3-b. Is the single-step or multiple-step income statement format used in the case of Google? 3-c. Is the single-step or multiple-step income statement format used in the case of Samsung? Complete this question by entering your answers in the tabs below. Reg 1 Req 2A and 20 Reg 3A to 3C Compute the gross margin ratio for each of the three companies. (millions of $) (Round your percentage answers to 1 decimal place. Enter your answers in millions of dollars or Korean won.) $ Samsung 197,691 126,336 $ In millions Net sales Cost of sales Gross margin Gross margin ratio Apple 260,174 161,782 $ Google 161,857 71,896 % % % Red Req 2A and 28 >

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