Question: FSA 4 - 3 Global Analysis LO A 1 , P 4 Key comparative figures for Samsung, Apple, and Google follow. In millions Net sales

FSA 4-3 Global Analysis LO A1, P4
Key comparative figures for Samsung, Apple, and Google follow.
In millions Net sales Cost of Sales
Samsung 243,771,415132,394,411
Apple $ 265,595 $ 163,756
Google $ 136,81959,549
Required:
1. Compute the gross margin ratio for each of the three companies. ( millions of Korean)
2-a. Is Samsungs gross margin ratio better or worse than that for Apple?
2-b. Is Samsungs gross margin ratio better or worse than that for Google?
3-a. Is the single-step or multiple-step income statement format used in the case of Apple?
3-b. Is the single-step or multiple-step income statement format used in the case of Google?
3-c. Is the single-step or multiple-step income statement format used in the case of Samsung?

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