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AA 4-3 Extended Analysis LO A1, P4 Key comparative figures for Samsung, Apple, and Google follow. In millions Samsung Apple Google Net sales Cost of Sales $ 126,336 $ 197,691 $ 260,174 $ 161,782 $ 161,857 $ 71,896 tes Required: 1. Compute the gross margin ratio for each of the three companies. (millions of $) 2-a. Is Samsung's gross margin ratio better or worse than that for Apple? 2-b. Is Samsung's 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2A and 2B Req 3A to 3C Compute the gross margin ratio for each of the three companies. (millions of $) Note: Round your percentage answers to 1 decimal place. Enter your answers in millions of dollars or Korean won. In millions Samsung Apple Google Net sales $ 197,691 $ 260,174 $ 161,857 Cost of sales 126,336 161,782 71,896 Gross margin Gross margin ratio % % %

AA 4-3 Extended Analysis LO A1, P4 Key comparative figures for Samsung, Apple, and Google follow. In millions Samsung Apple Google Net sales Cost of Sales $ 126,336 $ 197,691 $ 260,174 $ 161,782 $ 161,857 $ 71,896 tes Required: 1. Compute the gross margin ratio for each of the three companies. (millions of $) 2-a. Is Samsung's gross margin ratio better or worse than that for Apple? 2-b. Is Samsung's 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2A and 2B Req 3A to 3C Compute the gross margin ratio for each of the three companies. (millions of $) Note: Round your percentage answers to 1 decimal place. Enter your answers in millions of dollars or Korean won. In millions Samsung Apple Google Net sales $ 197,691 $ 260,174 $ 161,857 Cost of sales 126,336 161,782 71,896 Gross margin Gross margin ratio % % %

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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AA 4-3 Extended Analysis LO A1, P4 Key comparative figures for Samsung, Apple, and Google follow. In millions Samsung Apple Google Net sales Cost of Sales $ 126,336 $ 197,691 $ 260,174 $ 161,782 $ 161,857 $ 71,896 tes Required: 1. Compute the gross margin ratio for each of the three companies. (millions of $) 2-a. Is Samsung's gross margin ratio better or worse than that for Apple? 2-b. Is Samsung's 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2A and 2B Req 3A to 3C Compute the gross margin ratio for each of the three companies. (millions of $) Note: Round your percentage answers to 1 decimal place. Enter your answers in millions of dollars or Korean won. In millions Samsung Apple Google Net sales $ 197,691 $ 260,174 $ 161,857 Cost of sales 126,336 161,782 71,896 Gross margin Gross margin ratio % % %
Transcribed Image Text:AA 4-3 Extended Analysis LO A1, P4 Key comparative figures for Samsung, Apple, and Google follow. In millions Samsung Apple Google Net sales Cost of Sales $ 126,336 $ 197,691 $ 260,174 $ 161,782 $ 161,857 $ 71,896 tes Required: 1. Compute the gross margin ratio for each of the three companies. (millions of $) 2-a. Is Samsung's gross margin ratio better or worse than that for Apple? 2-b. Is Samsung's 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2A and 2B Req 3A to 3C Compute the gross margin ratio for each of the three companies. (millions of $) Note: Round your percentage answers to 1 decimal place. Enter your answers in millions of dollars or Korean won. In millions Samsung Apple Google Net sales $ 197,691 $ 260,174 $ 161,857 Cost of sales 126,336 161,782 71,896 Gross margin Gross margin ratio % % %
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