Key figures for Samsung follow (in $ millions). Cash and equivalents Accounts receivable, net Inventories Retained earnings Required: $ 23,069 Cost of sales 30,144 Revenues 22,966 Total assets 218,440 $ 126,336 197,691 302,511 1. Compute common-size percents for Samsung using the data given. 2. What is Samsung's gross margin ratio on sales? 3. Does Samsung's gross margin ratio outperform or underperform the industry average of 25%? Compute common-size percents for Samsung using the data given. Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place. $ millions Cash and equivalents Samsung % Accounts receivable, net % Inventories % Retained earnings % Cost of sales % Revenues % Total assets % What is Samsung's gross margin ratio on sales? Note: Round your intermediate computations and final answer to 1 decimal place. What is Samsung's gross margin ratio on sales? %

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
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Key figures for Samsung follow (in $ millions).
Cash and equivalents
Accounts receivable, net
Inventories
Retained earnings
Required:
$ 23,069 Cost of sales
30,144 Revenues
22,966 Total assets
218,440
$ 126,336
197,691
302,511
1. Compute common-size percents for Samsung using the data given.
2. What is Samsung's gross margin ratio on sales?
3. Does Samsung's gross margin ratio outperform or underperform the industry average of 25%?
Compute common-size percents for Samsung using the data given.
Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal
place.
$ millions
Cash and equivalents
Samsung
%
Accounts receivable, net
%
Inventories
%
Retained earnings
%
Cost of sales
%
Revenues
%
Total assets
%
What is Samsung's gross margin ratio on sales?
Note: Round your intermediate computations and final answer to 1 decimal place.
What is Samsung's gross margin ratio on sales?
%
Transcribed Image Text:Key figures for Samsung follow (in $ millions). Cash and equivalents Accounts receivable, net Inventories Retained earnings Required: $ 23,069 Cost of sales 30,144 Revenues 22,966 Total assets 218,440 $ 126,336 197,691 302,511 1. Compute common-size percents for Samsung using the data given. 2. What is Samsung's gross margin ratio on sales? 3. Does Samsung's gross margin ratio outperform or underperform the industry average of 25%? Compute common-size percents for Samsung using the data given. Note: Input all the values as positive numbers. Enter your answers in millions. Round your percentage answers to 1 decimal place. $ millions Cash and equivalents Samsung % Accounts receivable, net % Inventories % Retained earnings % Cost of sales % Revenues % Total assets % What is Samsung's gross margin ratio on sales? Note: Round your intermediate computations and final answer to 1 decimal place. What is Samsung's gross margin ratio on sales? %
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