Prepare comparative common-sized statements

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Problem - The condensed statement of comprehensive incomes through operating profit for Dell Inc. and Apple Inc. are reproduced below for recent fiscal years (numbers in millions of dollars).

 

Dell Inc.

Apple Inc.

Sales (Net)

 

$64,494

 

$69,225

Cost of Sales

 

51,208

 

40,981

Gross Profit

 

$13,286

 

$28,244

Selling and general Expenses

$8,577

 

$6,091

 

Research and Development

838

 

2,769

 

Operating Expenses

 

9,415

 

8,860

Operating Profit

 

$3,871

 

$19,384

Required -

a. Prepare comparative common-sized statements, rounding percent to one decimal place.

b. Analyzes and interpret the data presented in (a).

Reference no: EM132785703

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