Question: Samsung, Apple, and Google are competitors in the global marketplace. Selected data for Samsung follow. (billions of Korean won) Current Year Prior Year Cost of goods sold Operating expenses Total expenses 137,696.3 54,211.3 191,907.6 126,651.9 45,402.3 172,054.2 Review the discussion of the importance of the cost of goods sold divided by total expenses ratio in BTN. Compute the cost of goods sold to total expenses ratio for Samsung for the two years of data provided. (Record answers as percent, rounded to one decimal.)
Question: Samsung, Apple, and Google are competitors in the global marketplace. Selected data for Samsung follow. (billions of Korean won) Current Year Prior Year Cost of goods sold Operating expenses Total expenses 137,696.3 54,211.3 191,907.6 126,651.9 45,402.3 172,054.2 Review the discussion of the importance of the cost of goods sold divided by total expenses ratio in BTN. Compute the cost of goods sold to total expenses ratio for Samsung for the two years of data provided. (Record answers as percent, rounded to one decimal.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question:
Samsung, Apple, and Google are competitors in
the global marketplace. Selected data for
Samsung follow.
(billions of Korean won) Current Year Prior Year
Cost of goods sold
Operating expenses
Total expenses
137,696.3
54,211.3
191,907.6
126,651.9
45,402.3
172,054.2
Review the discussion of the importance of the
cost of goods sold divided by total expenses ratio
in BTN. Compute the cost of goods sold to total
expenses ratio for Samsung for the two years of
data provided. (Record answers as percent,
rounded to one decimal.)
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