AA 17-2 Comparative Analysis LO C1, P2 Key figures for Apple and Google follow. $ millions Cash and equivalents Apple $ 48,844 Google $ 18,498 Accounts receivable, net 22,926 Inventories 4,106 Retained earnings 45,898 25,326 999 152,122 Revenues Cost of sales Total assets Required: 161,782 71,896 260,174 161,857 338,516 275,909 1. Compute common-size percents for each company using the data given. 2. If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? 3. Which company has the better gross margin ratio on sales?