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Key figures for Apple and Google follow. $ millions Apple Google Cash and equivalents $ 48, 844 $ 18, 498 Accounts receivable, net 22,926 25,326

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Key figures for Apple and Google follow. $ millions Apple Google Cash and equivalents $ 48, 844 $ 18, 498 Accounts receivable, net 22,926 25,326 Inventories 4, 106 999 Retained earnings 45 , 898 152, 122 Cost of sales 161, 782 71, 896 Revenues 260, 174 161, 857 Total assets 338, 516 275,909 Required: 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? Complete this question by entering your answers in the tabs below. 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 Apple Google Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Required 1 Required 2 >Required 1 Required 2 Required 3 If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? Required 1 Required 2 Required 3 Which company has the better gross margin ratio on sales? Which company has the better gross margin ratio on sales?

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