AA 4-2 Comparative Analysis LO A1 Key comparative figures for Apple and Google follow. $ millions Net sales Cost of sales Required 1 Apple Current Year $ 260,174 161,782 ($ millions) Net sales Cost of sales Gross margin Gross margin ratio 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 the company's current-year gross margin underperform or outperform the 35% industry average in the case of Apple? 3-b. Does the company's current-year gross margin underperform or outperform the 35% industry average in the case of Google? 4-a. Is the change in the company's current-year gross margin favorable or unfavorable for Apple? 4-b. Is the change in the company's current-year gross margin favorable or unfavorable for Google? Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 4 Current Prior Year Year $265,595 $ 161,857 163,756 71,896 Current Year $ 260,174 161,782 Compute the amount of gross margin and the gross margin ratio for the two years shown for each of these companies. Note: Enter your dollar answers in millions. Round your percentage answers to 1 decimal place. Apple % Google Prior Year $ 265,595 163,756 Prior Year $ 136,819 59,549 % Required 1 Current Year $ 161,857 71,896 Google % Prior Year $ 136,819 59,549 Required 2 > %

AA 4-2 Comparative Analysis LO A1 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 the company's current-year gross margin underperform or outperform the 35% industry average in the case of Apple? 3-b. Does the company's current-year gross margin underperform or outperform the 35% industry average in the case of Google? 4-a. Is the change in the company's current-year gross margin favorable or unfavorable for Apple? 4-b. Is the change in the company's current-year gross margin favorable or unfavorable for Google? Complete this question by entering your answers in the tabs below. Compute the amount of gross margin and the gross margin ratio for the two years shown for each of these companies. Note: Enter your dollar answers in inilitions. Round your percentage answers to 1 decimal place. AA 4-2 Comparative Analysis LO A1 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 the company's current-year gross margin underperform or outperform the 35% industry average in the case of Apple? 3-b. Does the company's current-year gross margin underperform or outperform the 35% industry average in the case of Google? 4-a. Is the change in the company's current-year gross margin favorable or unfavorable for Apple? 4-b. Is the change in the company's current-year gross margin favorable or unfavorable for Google? Complete this question by entering your answers in the tabs below. Compute the amount of gross margin and the gross margin ratio for the two years shown for each of these companies. Note: Enter your dollar answers in millions. Round your percentage answers to 1 decimal place