The condensed income statements through income from operations for Amazon.com, Inc., Best Buy, Inc., and Wal-Mart Stores, Inc. for a recent fiscal year follow (in millions):

1. Prepare comparative common-sized income statements for each company. Round percentages to one decimal place.

2. Use the common-sized analysis to compare the financial performance of the three companies.

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Amazon Walmart Best Buy $42.879 32,918 Sales $232,887 5514,405 Cost of sales Gross profit Selling, general, and administrative expenses 139,156 $ 93,731 385.301 $129,104 $ 9,961 8,015 81,310 107,147 Other operating expenses 46 Income from operations $ 12,421 $ 1,900 $ 21,957