Samsung, Apple, and Google are competitors in the global marketplace. Selected data for Samsung follow. Use Apple's financial statements in Appendix A.

Korean won in billions	2017			2016
Cost of goods sold		129,291			120,278
Operating expenses		56,640			52,348
Total expenses		185,931			172,626

Required 1. Compute the cost of goods sold to total expenses ratio for Samsung for the two years of data provided. 2. Which company has the highest ratio of cost of goods sold to total expenses for 2017?