AA 17-2 Comparative Analysis LO C1, P2 Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Apple $ 48,844 22,926 4,106 45,898 161,782 260,174 338,516 Google $ 18,498 25,326 999 152,122 71,896 161,857 275,909 Required: 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute common-size percents for each company using the data given. (Toput all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) S millions Apple Google baits: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute common-size percents for each company using the data given. (Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place.) Apple % 5 millions Cash and equivalents Accounts receivable, net Inventories Retained earnings Cost of sales Revenues Total assets Google % % % % % % % % % % ***** % % % Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? If Google paid a dividend, would retained earnings as a percent of total assets increase or decrease? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which company has the better gross margin ratio on sales? Which company has the better gross margin ratio on sales