Key figures for Apple and Google follow.

Required
1. Compute common-size percents for each of the companies using the data provided. (Round percents to one decimal.)
2. Which company retains a higher portion of cumulative net income in the company?
3. Which company has a higher gross margin ratio on sales?
4. Which company holds a higher percent of its total assets as inventory?

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($ millions) Apple Google Cash and equivalents Accounts receivable, net. . Inventories...A.. Retained earnings. $ 14,259 13,102 1,764 04,256 106,606 70,910 207,000 $18,898 8,882 426 61,262 25,858 59,825 110,920 Revenues