Hello

I need help please

Q1. Create a common size income statement for the same annual period. Prepare the common size analysis for all three years presented for the income statement. Include all accounts in your common size statement, not just the ones you are required to review. Analyze and discuss the trends in each of the following items between the three years. Do nit simply tell me one is greater or less than the other one. Tell me why there is a change in doecjduvaccount within a section and what those changes indicate based on your analysis of the company thus far.

Sales/revenue

Cost of sales/ cost of goods sold

Gross profit

Operating income

Net income

CONSOLIDATED BALANCE SHEETS May 31, 2017 (in millions, except share data) Assets Current Assets 2016 Cash and cash equivalents Receivables, less allowances of $252 and $178 Spare parts, supplies and fuel, less allowances of $237 and $218 Prepaid expenses and other $ 3,969 7,599 514 546 12,628 $ 3,534 ? 252 496 707 11,989 Total current assets Property and Equipment, at Cost Aircraft and related equipment Package handling and ground support equipment Information technology Vehicles Facilities and other 18,833 8,989 5,396 6,961 10,447 50,626 24,645 25,981 17,499 7,961 5,149 6,422 9,987 47,018 22,734 24,284 Less accumulated depreciation and amortization Net property and equipment Other Long-Term Assets 7,154 2,789 9,943 $48,552 Goodwill Other assets 6,747 2,939 9,686 Total other long-term assets 45,95