Compare Income Statements and Balance Sheets of Competitors a. Following are selected income statements from two...

 

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Compare Income Statements and Balance Sheets of Competitors a. Following are selected income statements from two pharmaceutical companies, Pfizer and Dr. Reddy's, for their respective 2018 fiscal years. Express each income statement amount as a percentage of sales. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%). Income Statement ($ millions) Pfizer Dr. Reddy's Sales $46,673 0% $1,897 0% Cost of goods sold 11,248 0% 1,009 0% Gross profit 35,425 0% 888 0% Total expenses Net income 27,154 $8,271 0% 888 0% 09 $- 0% b. Following are selected balance sheets from two pharmaceutical companies, Pfizer and Dr. Reddy's, for their respective 2018 fiscal years. Express each balance sheet amount as a percentage of total assets. Compare Income Statements and Balance Sheets of Competitors a. Following are selected income statements from two pharmaceutical companies, Pfizer and Dr. Reddy's, for their respective 2018 fiscal years. Express each income statement amount as a percentage of sales. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%). Income Statement ($ millions) Pfizer Dr. Reddy's Sales $46,673 0% $1,897 0% Cost of goods sold 11,248 0% 1,009 0% Gross profit 35,425 0% 888 0% Total expenses Net income 27,154 $8,271 0% 888 0% 09 $- 0% b. Following are selected balance sheets from two pharmaceutical companies, Pfizer and Dr. Reddy's, for their respective 2018 fiscal years. Express each balance sheet amount as a percentage of total assets.

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Income Statement millions Sales Pfizer 46673 million Dr Reddys 1897 million Cost of goods sold COGS ... View the full answer