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Please help me solve this with step-by-step explanations, thank you! Key figures for Samsung follow (in $ millions). Cash and equivalents $ 23, 069 Cost
Please help me solve this with step-by-step explanations, thank you!
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 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? % Key figures for Samsung follow (in SE millions}. Cash and equivalents $ 23,869 Cost of sales $ 126,336 Accounts receivable, net 36,144 Revenues 197,691 Inventories 22,966 Total assets 382,511 Retained earnings 213,440 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 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%? Z\" ( Required 2Step by Step Solution
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