Required $1$

Required $2$

Required $4$

Compute the amount of gross margin and the gross margin ratio for the two years shown for each of these companies. Note: Enter your dollar answers in millions. Round your percentage answers to $1$ decimal place.

$\backslash$table$[[\backslash$table$[[($$ millions$)],[$Net sales$]],$Apple,Google$],[$Current Year,Prior Year,Current Year,,Prior Year,$],[$$$,394,328,$$$,365,817,$$$,282,836,,$$$,257,637,],[$Cost of sales,,$223,546,,212,981,,126,203,,,110,939,],[$Gross margin,,$170,782,,152,836,,156,633,,,146,698,],[$Gross margin ratio,,,,,,,$\%,,,\%$