Question: Nokia (www.Nokia.com), which is a leading manufacturer of mobile devices and services, along with Research In Motion and Apple are competitors in the global marketplace. Key figures for Nokia follow (in Euro millions).
Cash and equivalents . . . . . . . . . . . 1,142
Accounts receivable, net . . . . . . . . . 7,981
Inventories . . . . . . . . . . . . . . . . . . . 1,865
Retained earnings . . . . . . . . . . . . . . 10,132
Cost of sales . . . . . . . . . . . . . . . . . . 27,720
Revenues . . . . . . . . . . . . . . . . . . . . . 40,984
Total assets . . . . . . . . . . . . . . . . . . . 35,738
Required: 1. Compute common-size percents for Nokia using the data provided. (Round percents to one decimal.)
2. Compare the results with Research In Motion and Apple from BTN 17-2.