Nokia (www.Nokia.com), which is a leading manufacturer of mobile devices and services, along with Research In Motion

Question:

Nokia (www.Nokia.com), which is a leading manufacturer of mobile devices and services, along with Research In Motion and Apple are competitors in the global marketplace. Key figures for Nokia follow (in Euro millions).

Cash and equivalents . . . . . . . . . . . 1,142

Accounts receivable, net . . . . . . . . . 7,981

Inventories . . . . . . . . . . . . . . . . . . . 1,865

Retained earnings . . . . . . . . . . . . . . 10,132

Cost of sales . . . . . . . . . . . . . . . . . . 27,720

Revenues . . . . . . . . . . . . . . . . . . . . . 40,984

Total assets . . . . . . . . . . . . . . . . . . . 35,738


Required

1. Compute common-size percents for Nokia using the data provided.

2. Compare the results with Research In Motion and Apple from BTN17-2.

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Related Book For  book-img-for-question

Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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