(Answered) Question nokia wwwnokiacom which is a leading manufacturer

Accounting

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.

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