Apples and Googles income statements in Appendix A both show increasing sales and cost of...
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Accounting
Apples and Googles income statements in Appendix A both show increasing sales and cost of sales. The gross margin ratio can be used to analyze how well companies control costs as sales increase.
Compute the gross margin ratio for Apple for each of the fiscal years ended September 30, 2017, and September 24, 2016. (Round your final answers to 3 decimal places.)
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