Samsung, Apple, and Google are competitors in the global marketplace. Selected data for Samsung follow.

Required

1. Review the discussion of the importance of the cost of goods sold divided by total expenses ratio in AA 20-2. Compute the cost of goods sold to total expenses ratio for Samsung for the two years of data provided. (Record answers as percents, rounded to one decimal.)

2. Which company (Apple, Google, or Samsung) has the highest ratio of cost of goods sold to total expenses for 2017? 

Transcribed Image Text:

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