The following income statement data (in thousands) for Dell Inc. and Gateway, Inc., were taken from their

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The following income statement data (in thousands) for Dell Inc. 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 on (a) and (b), how does Dell compare toGateway?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Sep 05, 2011 06:46 AM

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The following income statement data (in thousands) for Dell Inc. and Gateway, Inc., were taken from their

Question:

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

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a b Even though the companies differ greatly in size the real problem can be identified when analyz...View the full answer

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