3.33 points Key comparative figures for Apple and Google follow. Required 1. Compute the amount of gross margin and the gross margin ratio for the two years shown for each of these companies 2. Which company earns more in gross margin for each dollar of net sales for the current year? 3-a. Does Apple's current year gross margin underperform or outperform the industry (assumed) average of 35 0%? 3-b. Does Google's current year gross margin underperform or outperform the industry (assumed) average of 35.0%? 4-a. Are Apple's current-year gross margin on a favorable or unfavorable trend? 4-b. Are Google's current year gross margin on a favorable or unfavorable trend? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the amount of gross margin and the gross margin ratio for the two years shown for each of these companies (Round your percentage answers to 1 decimal place) Apple Google S ons) Current Prior Current Prior Cost of sales 45583 GOSmaginatio Required 2 > REY ComuVE US IULIE GOUYle UW points Required 1. Compute the amount of gross margin and the gross margin ratio for the two years shown for each of these companies 2. Which company earns more in gross margin for each dollar of net sales for the current year? 3-a. Does Apple's current year gross margin underperform or outperform the industry (assumed) average of 35.0%? 3-b. Does Google's current year gross margin underperform or outperform the industry (assumed) average of 35 0%? 4-a. Are Apple's current-year gross margin on a favorable or unfavorable trend? 4-b. Are Google's current year gross margin on a favorable or unfavorable trend? Complete this question by entering your answers in the tabs below. Required 1 Rechiired 2 Required 3 Required 4 which company carns more in gross margin for each dollar of net sales for the current year? with company car more in gross margin for each dollar of net sales for the current year? Key comparative figures for Apple and Google follow. Required 1. Compute the amount of gross margin and the gross margin ratio for the two years shown for each of these companies 2. Which company earns more in gross margin for each dollar of net sales for the current year? 3-a. Does Apple's current-year gross margin underperform or outperform the industry (assumed) average of 35.0%? 3-b. Does Google's current-year gross margin underperform or outperform the industry (assumed) average of 35.0%? 4-a. Are Apple's current-year gross margin on a favorable or unfavorable trend? 4-b. Are Google's current-year gross margin on a favorable or unfavorable trend? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requild 3 Required 4 References 3-a. Does Apple's current year gross margin underperform or outperform the industry (assumed) average of 35.0%? 3-b. Does Google's current-year gross margin underperform or outperform the industry (assumed) average of 35.0%? 3-a 3-b. Does Apple's current-year gross margin underperform or outperform the industry (assumed) average of 35.0%? Does Google's current-year gross margin underperform or outperform the industry (assumed) average of 35.0%7