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 Revenues Total assets % % % ( Required 1 Required 2 > 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? Elf Google decided to pay a dividend, would retained earnings as a percent of total assets increase or decrease? Required 1 Required 3 > 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