Question: 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
The following income statement data (in millions) for Dell, Inc., and Hewlett-Packard Company (HP) were taken from their recent annual reports:
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a. Prepare a vertical analysis of the income statement for Dell. Round to one decimal place.
b. Prepare a vertical analysis of the income statement for HP. Round to one decimal place.
c. Based on (a) and (b), how does Dell compare toHP?
Dell Hewlett-Packard Net sales Cost of goods sold (expense) Operating expenses Operating income (loss) $126,033 96,089) 963)18465 $ 11,479 $61,494 (50,098) 7 3,433
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a Dell Inc Amount Percent Net sales 61494 1000 Cost of goods sold 50098 81... View full answer
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