Question: 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

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 for Dell.
b. Prepare a vertical analysis of the income statement for Gateway.
c. Based upon (a) and (b), how does Dell compare toGateway?

Dell Gateway $35,404,000 4,171,325 Net sales Cost of goods sold (expense) Operating expenses Operating income (loss) (29,055,000) (3,505,000) 2,844,000 (3,605,120) (1,077,447) (511,242)

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