5 Complete this question by entering your answers in the tabs below.Required 1 Required 2 Required 3Compute common-size percents for Samsung using the data given. (Input all the values as positive numbers. Enter youranswers in millions. Round your percentage answers to 1 decimal place.)$ millionsSamsungCash and equivalents%Accounts receivable, net%Inventories%Retained earnings%Cost of sales%Revenues%Total assets%< Required 1Required 2 > AA 17-3 Extended Analysis LO A1Key figures for Samsung follow (in $ millions).Cash and equivalents$ 23,069 Cost of sales30,144 RevenuesAccounts receivable, netInventories$ 126,336197,691302,51122,966 Total assets218,440Retained earningsRequired: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%?

1. $ millions Samsung Cash and equivalents 7.62 % 23,069 Accounts receivable, net 9.96 %…

Key figures for Samsung follow (in $ millions). Cash and equivalents $23,069 Cost of sales $ 126,336 197,691 30,144 Revenues Accounts receivable, net Inventories 302,511 22,966 Total assets. 218,440 Retained earnings Required: 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%?