Solved: Compute common-size percents for each of the companies, Accounting Basics

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Compute common-size percents for each of the companies

Question: Key figures for Research In Motion and Apple follow.

Required: 1. Compute common-size percents for each of the companies using the data provided. (Round percents to one decimal.)

2. Which company retains a higher portion of cumulative net income in the company?

3. Which company has a higher gross margin ratio on sales?

4. Which company holds a higher percent of its total assets as inventory?

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Accounting Basics: Compute common-size percents for each of the companies

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Accounting Basics: Compute common-size percents for each of the companies

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