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Key figures for Apple and Google follow. $ millions Cash and equivalents. Accounts receivable, net. Inventories. Retained earnings. Cost of sales. Revenues. Total assets. Apple

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Key figures for Apple and Google follow. $ millions Cash and equivalents. Accounts receivable, net. Inventories. Retained earnings. Cost of sales. Revenues. Total assets. Apple 20, 289 17,874 4,855 98,330 141,048 229, 234 375,319 Google $10,715 18,336 749 113,247 45,583 110,855 197,295 Required: 1. Compute common-size percents for each of the companies using the data provided. 2. If Google decided to pay a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has a higher gross margin ratio on sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute common-size percents for each of the companies using the data provided. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) Apple % Google % % Key Figures ($ millions) Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales % % % % % Total assets. 375, 319 197,295 Required: 1. Compute common-size percents for each of the companies using the data provided. 2. If Google decided to pay a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has a higher 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 of the companies using the data provided. (Input all the values as positive numbers Enter your answers in millions. Round your percentage answers to 1 decimal place.) Google Apple % Key Figures (5 millions) Cash and equivalents Accounts receivable, net Inventories Retained earnings % % % Cost of sales % Revenues Total assets Required 2 > Revenues. Total assets. 141,048 229,234 375,319 45,583 110,855 197,295 Required: 1. Compute common-size percents for each of the companies using the data provided. 2. If Google decided to pay a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has a higher gross margin ratio on sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2. Required 3 If Google decided to pay a dividend, would retained earnings as a percent of total assets increase or decrease? If Google decided to pay a dividend would retained earnings as a percent of total assets increase or decrease? Revenues. Total assets. 141,048 229,234 375, 319 45,583 110,855 197,295 Required: 1. Compute common-size percents for each of the companies using the data provided. 2. If Google decided to pay a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has a higher gross margin ratio on sales? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which company has a higher gross margin ratio on sales? Which company has a higher gross margin ratio on sales?

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