Analyze and compare Amazon.com, Best Buy, and Walmart The condensed income statements through operating income for Amazon.com, Inc. (AMZN), Best Buy Co., Inc. (BBY), and Walmart Inc. (WM1) for a recent fiscal year follow (in millions) Amazon Best Buy Walmart $280,522 $43,638 $523,964 (165,536) (33,590) (394,605) Sales Cost of sales Grass profit $114,986 $10,048 $129,359 Selling, general, and administrative experies (100,244) (7,998) (108,791) Operating expenses Operating income (201) $14,541 (41) $2,000 0 $20,568 1. Prepare comparative common sized income statements for each company, Round percentages to one decimal place. If percentages is zero, enter "0", For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: 300) Comparative Income statements Line Item Description Amazon Best Buy Walmart Sales M Cost of sales Gr profit % M Selling, general, and administrative expenses " Operating expenses i Operating incume 2. the the common sized analysis to compare the financial performance of the three companies has the highest gross profit and operating income on a percentage basis basis, but generates a very strong operating income that is much closer to to sell a large quantity of thems at a very low margin. Comparatively. total dollars. This reflects a decreasing margin on the product mix sold by has a lower gross profit than ( on a percentage on a percentage basis. This is consistent with the company's business strategy, in that it seeks has gross profit similar to on a percentage basis but much smaller in terms of