Key figures for Samsung follow (in $ millions). Cash and equivalents $ 23, 069 Cost of sales $ 126,336 Accounts receivable, net 30, 144 Revenues 197, 691 Inventories 22,966 Total assets 302, 511 Retained earnings 218, 440 Required: 1. Compute common-size percents for Samsung using the data given. 2. What is Samsung's gross margin ratio on sales? 3. Does Samsung's gross margin ratio outperform or underperform the industry average of 25%%? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute common-size percents for Samsung 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 Samsung Cash and equivalents 23,060 Accounts receivable, net 30,144 Inventories 22,986 Retained earnings 218,440 Cost of sales 126,336 Revenues 197,691 Total assets 302,511 Required 1 Required 2 Required 3 What is Samsung's gross margin ratio on sales? (Round your intermediate computations and final answer to 1 decimal place.) What is Samsung's gross margin ratio on sales? Required 1 Required 2 Required 3 Does Samsung's gross margin ratio outperform or underperform the industry average of 25%? Does Samsung's gross margin ratio outperform or underperform the industry average of 25%?