Question 2:

PLease, write the answer in Word format.

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

Dell Inc. Apple Inc.

Sales (net) 61,101 36,537

Cost of sales 50,144 23,397

Gross profit 10,957 13,140

Selling, general, and admin expenses 7,104 4,149

Research and development 663 1,333

Operating expenses 7,767 5,482

Income from operations 3,190 7,658

2. What are the objectives of comparative common -sized statements?