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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? %

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? %

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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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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