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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.)

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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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.)
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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