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BE The condensed income statements through income from operations for Amazon.com, Inc., Best Buy, Inc., and Walmart Stores, Inc. for a recent fiscal year follow

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BE The condensed income statements through income from operations for Amazon.com, Inc., Best Buy, Inc., and Walmart Stores, Inc. for a recent fiscal year follow (in million): Amazon Best Buy Walmart Sales... $88.988 $40,339 $485,651 Cost of Goods Sold. 62.752 31.292 365,086 Gross Profit $26,236 $ 9.047 $120,565 Selling, General & Administrative Expenses... 26,058 7,592 93,418 Other Operating Expenses.............. Q Income From Operations..... $_178 $_1.450 $_27.147 Required: 1. Prepare comparative common-sized income statements for each company. (Round percentages to one decimal place.) 2. Use the common-sized analysis to compare and interpret the financial performance of the three companies. EEEE ***

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