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 98,330 141,848 229, 234 375, 319 Google 5 le, 715 18,336 749 113,247 45,583 112,855 197, 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.) Key Figures (5 millions) Cash and equivalents Accounts receivable.net Apple 54% 481% $ 20 289 17 874 Google 541 $ 9.3% s 10.715 18,336 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 positi Enter your answers in millions. Round your percentage answers to 1 decimal place.) Key Figures (5 millions) Apple Google Cash and equivalents 5.41% $ 20,289 5.4% $ 10,715 Accounts receivable, net 4.8% $ 17 874 9.3% S 18,336 Inventories 1.31% 4,855 0.4% $ 749 Retained earnings 26.2% $ 98,330 57.4% S 113,247 Cost of sales 624% 141,048 76.9% 45,583 Revenues 38 9% $ 229 234 76.9% S 110,855 Total assets 100.0% S 375,319 100.0% $ 197 295 $ $ $ $ Required 2 >