The following key figures (in Sh. Million) have been extracted from the books of MN Ltd and RS Ltd for the financial year ended 31 December 2015.

Key Figure	MN Ltd	RS Ltd
Cash and cash equivalents	108.6	209.8
Accounts receivables	1674.7	561.7
Inventories	1396.6	563.7
Retained earnings	3043.4	1145.3
Cost of sales	6065.5	2294.0
Income taxes	253.4	12.5
Revenues	9553.1
Net sales		3643.6
Total Asssts	5397.4	1756.1

Required

(a) compute the common size percentages for both companies using the data provided above.

(b) Which company incurs a higher percent of their revenue (net sales) in income taxes? Explain your answer.

(c) Which company retains a higher portion of cumulative net income of the company? Explain your answer.

(d) Which company has a higher gross margin ratios on sales? Explain your answer.

(e) Which company holds a higher percent of its total assets in inventories? Explain your answer.