Question: The following income statement data (in millions) for Dell Computer Corporation and Apple Computer Inc. were taken from their recent annual reports: 1. Prepare a

The following income statement data (in millions) for Dell Computer Corporation and Apple Computer Inc. were taken from their recent annual reports:

1. Prepare a vertical analysis of the income statement for Dell. Round to one decimal place.
2. Prepare a vertical analysis of the income statement for Apple. Round to one decimal place.
3. Based upon (1) and (2), how does Dell compare toApple?

Apple $49,205 $8,279 40,190 6,020 $9,05 $2,259 1,933 326 Dell Net sales Cost of goods sold Gross profit Operating expenses Operating income (loss) 4,761 4,254

Step by Step Solution

★★★★★

3.52 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

1 Dell Computer Corporation in millions 2 Apple Computer Inc in millions 3 Apple is more profitable ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

126-B-A-G-F-A (626).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Prepare a Vertical Analysis of Income Statement. (Show your % out to 2 Decimals, example =9.55% ) 1) Jan-1 The JW-Corp Received $120,000 from Investors in Exchange for 6,000 shares of Common Stock....

SOB Floor Company has a risk premium of 21% and a beta of 3. If the risk free rate is 3%, what should be the total expected market return? How much will $20,000 be in 20 years if the bank is paying...

Prepare a vertical analysis of all asset items on the comparative balance sheet for these years. Canna, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 Amounts 2018 2019...

The following income statement data (in thousands) for Dell Computer Corporation and Gateway Inc. were taken from their recent annual reports: a. Prepare a vertical analysis of the income statement...

The following Income statement data for BellComp, Inc. and Phillips-Varner Company (VP) were taken from their recent annual reports: Prepare a vertical analysis of the income statement for BellComp....

The following income statement data (in millions) for Dell Inc. and Hewlett-Packard Company (HP) were taken from their recent annual reports: Dell Hewlett-Packard Net sales $62,071 $120,357 Cost of...

The following income statement data (in millions) for Dell Inc. and Hewlett-Packard Company (HP) were taken from their recent annual reports: a. Prepare a vertical analysis of the income statement...

The following income statement data (in millions) for Dell, Inc., and Hewlett-Packard Company (HP) were taken from their recent annual reports: a. Prepare a vertical analysis of the income statement...

Vertical analysis The following income statement data for AT&T Inc. and Verizon Communications Inc. were taken from their recent annual reports (in millions): ATAT Verizon Revenues $170,756 $130,863...

eBook Vertical analysis The following income statement data for AT&T Inc. and Verizon Communications Inc. were taken from their recent annual reports (in millions): AT&T Verizon Revenues $170,756...

Kelisa Sdn Bhd has been selling chocolate-flavored yogurt in Bangsar for years the management want to expand the business. The selling price and variable cost per carton is RM3.50 and 1.50...

Use the Midpoint Rule with n = 4 to approximate the area of the region bounded by the given curves. 31. y = sin( 7x/4). 32. y = V16 - x, y = cos (7x/4). 0

1 . Assume that carl land and helen storm are cpass. Explain the nature of the dilemma for helen using the AICPA code as a guide. What steps should she take to resolve the issue? 2 . Use ethical...

6 A trade receivable account has total debits of $11 000 and total credits of $9 000 at the end of a month of June. (a) What is the balance on the account?; (b) Is it a debit or credit balance?: (c)...

What are budgeted fixed costs at normal volume?

Briefly explain why firms might use non-financial performance measures.

Norris Company produces a product that requires six standard pounds per unit. The standard price is $1.25 per pound. If 500 units required 2,900 pounds, which were purchased at $1.30 per pound, what...

Q1) What is the total percentage return for an investor who purchased a stock for $7.31, received $1.49 in dividend payments, and sold the stock for $8.55 ? ( 2 points) Q2) A stock had the following...

Big sky hospital plans to obtain a new MRI that costs $1.5 million and has an estimated four year useful life. It can obtain a bank loan for the entire amount and buy the MRI, or it can lease the...

Question 10 For each of tlle following match the description with the best response, Complete Points out of 18.00 Liquidity Ratios These help to discover how long it generally takes for our customers...