The condensed income statements through income from operations for Dell Inc. and Apple Inc. are reproduced below
Question:
The condensed income statements through income from operations for Dell Inc. and Apple Inc. are reproduced below for recent fiscal years (numbers in millions of dollars).
Prepare comparative common-sized statements, rounding percents to one decimal place. Interpret theanalyses.
Transcribed Image Text:
ales (net) Cost of sales Gross profit Selling, general, and administrative expenses Research and development Operating expenses Income from operations Dell Inc. $61,494 50,098 $11,396 s 7,302 661 S 7,963 3,433 Apple Inc $65,225 39,541 $25,684 5,517 1,782 $ 7,299 $18,385
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DELL INC AND APPLE INC CommonSized Statements Dell Inc Apple Inc Sales net 1000 1000 Cost of sales 8...View the full answer
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Related Book For
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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