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Convert income statements to a common size statement

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Reference no: EM132527551

Please write 4 sentences on the following question:

Review Salesforce's (www.salesforce.com) income and balance sheet statements for the last 5 years (you will get this data from their website) and comment on trends in revenue, gross margins, R&D, SG&A, cash position and debt (it is suggested that you convert income statements to a common size statement, that is all line items as % of revenue). Include in your comments what you see as their strategy and how do you think they are doing.

Reference no: EM132527551

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