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Rank the three companies

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BTN 4-9 NOKIA, RESEARCH IN MOTION AND APPLE are competitors in the global marketplace. Key comparative figures for each company follow:










Net Sales

Cost of Sales










Nokia *

40,984

27,720



Research in Motion

$14,953

$8,369





Apple

$42,905

$25,683



















*EUR millions for Nokia





$ millions for Research In Motion & Apple



 

1. Rank the three companies (highest to lowest) based on the gross margin ratio.

2. Which of the companies uses a multiple-step income statement format? (These companies' income statements are in Appendix A

Reference no: EM13492757

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