The condensed income statements through income from operations for Dell Inc. and Apple Computer, Inc., are reproduced

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The condensed income statements through income from operations for Dell Inc. and Apple Computer, Inc., are reproduced below for recent fiscal years (numbers in millions of dollars).

The condensed income statements through income from operations for Dell 129263

Prepare comparative common-size statements, rounding percent€™s to one decimal place. Interpret theanalyses.

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Accounting

ISBN: 978-0324401844

22nd Edition

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

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Question Posted: Jul 17, 2012 06:52 AM

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The condensed income statements through income from operations for Dell Inc. and Apple Computer, Inc., are reproduced

Question:

Apple Computer, Inc. $13,931 9,888 4,043 1,859 Dell Inc. Sales (net) Cost of sales Gross profit Selling, general, and administrative expenses Research and development Operating expenses Income from operations $55,908 45,958 9,950 5,140 463 5,603 4,347 534 2,393 1,650

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Dell Inc and Apple Computer Inc CommonSize Statements Dell Inc Apple Computer Inc Sales net 1000 1000 Cost of goods sold 822 710 Gross profit 178 290 ...View the full answer

Accounting

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