You conduct a common size income statement analysis on Apple. You find that its expenses increased from 6.29% to 7.01% in the latest two years. How would you interpret this finding?

		This is a good sign as the percentage went up over this time period.
		The company was not able to control the costs when compared to the sales. This seems negative.
		The total expenses went down in terms of the dollar amount over this time period.
		None of the above

1. In 2018, Amazon had the total current assets of $75,101 million, total assets of $162,648 million, and total liabilities of $119,099 million. What would be the percentage for total liabilities in its 2018 common size balance sheet?

   		46.17%
   		26.77%
   		73.23%
   		53.83%

1 points

QUESTION 10

1. In 2018, Amazon had the total current assets of $75,101 million, total assets of $162,648 million, and total liabilities of $119,099 million. What would be the percentage for total current assets in its 2018 common size balance sheet?

   		73.23%
   		53.83%
   		26.77%
   		46.17%