Question: 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

Key figures for Apple and Google follow.

Key figures for Apple and Google follow.
Required
1. Compute common-size percents

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?

($ 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

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