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Key figures for Apple and Google follow.$ millionsAppleGoogleCash and equivalents$ 4 8 , 8 4 4 $ 1 8 , 4 9 8 Accounts receivable,

Key figures for Apple and Google follow.$ millionsAppleGoogleCash and equivalents$ 48,844$ 18,498Accounts receivable, net22,92625,326Inventories4,106999Retained earnings45,898152,122Cost of sales161,78271,896Revenues260,174161,857Total assets338,516275,909Required:Compute common-size percents for each company using the data given.If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease?Which company has the better gross margin ratio on sales?

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