Question: when computing the common size analysis can you also explain where each percentage comes from Key comparative figures ($ millions) for both NIKE and Reebok

 when computing the common size analysis can you also explain where

when computing the common size analysis can you also explain where each percentage comes from

Key comparative figures ($ millions) for both NIKE and Reebok follow: NIKE Reebok NIKE Reebok Key Figures NIKE Reebok Key Figures CASE 1-2 Comparative Analysis: Comparison of Balance Sheet and Income Statement $ 12.5 $ 253.4 9,553.1 Cash and equivalents Accounts receivable Inventories Retained earnings Costs of sales $ 108.6 1,674.4 1,396.6 3,043.4 6,065.5 $ 209.8 561.7 563.7 1,145.3 2,294.0 Income taxes Revenues (Nike) Net sales (Reebok) Total assets 3,643.6 1,756.1 5,397.4 Required: a. Compute common-size percents for both companies using the data provided. b. Which company incurs a higher percent of their revenues (net sales) in income taxes? c. Which company retains a higher portion of cumbative net income in the company? d. Which company has a higher gross margin ratio on sales? e. Which company holds a higher percent of its total assets as inventory

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