The condensed income statements through income from operations for Dell Inc. and Apple Inc. for recent fiscal

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The condensed income statements through income from operations for Dell Inc. and Apple Inc. for recent fiscal years follow (numbers in millions of dollars):

Prepare comparative common-sized statements, rounding percents to one decimal place. Interpret the analyses.

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Accounting

ISBN: 978-1285743615

26th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: Oct 27, 2016 02:05 AM

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The condensed income statements through income from operations for Dell Inc. and Apple Inc. for recent fiscal

Question:

Sales Cost of sales Gross profit Selling, general, and administrative expenses Research and development Operating expenses Income from operations Dell Inc. $56,940 44,754 $12,186 5 8,102 1,072 $9174 S 3,012 Apple Inc. $156,508 87,846 $68,662 $10,040 3,381 $13 421 $55,241

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DELL INC AND APPLE INC CommonSized Statements Dell Inc Apple Inc Sales 1000 1000 Cost of sales 786 5...View the full answer

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