Common-size Financial statements.

Prepare common size income statements for Walmart and Starbucks using the January 2015 and September 2014 information in the pop-up window. Which company is doing a better job of getting sales dollars to net income? where is the one company having an advantage over the other company in turning revenue into net income?

Score! U OT 1 pt 13 of 18 (11 complete) HW Score: 59.1%, 10.64 of 18 pts Common-size financial statements. Prepare common-size income statements for Walmart and Starbucks using the January 2015 and September 2014 information in the popup window: Which company is doing a better job of getting sales dollars to net income? Where is the one company having an advantage over the other company in turning revenue Into net income? Complete the table below: (Round to two decimal places. Net Income to three decimal places.) at eg Abbreviated Income Statements (5 in Millions) Walmart, Inc. Starbucks Company Account 1/31/2015 $ S 9/30/2014 16,731 -7.110 491,900 -370,439 % S $ -94,552 $ - 11,540 % Sales Cost of goods sold Selling general, and administrative expenses EBIT Interest expenso Taxes s -1,919 26,909 -2.320 % $ % Is en 0 $ -17 % -9,098 s 716 % $ $ Net Income 15.491 -1.220 Enter any number in the edit fields and then click Check Answer Data Table 2 parts remaining EPIC 138 sty 13 of 18 (11 complete) -(similar to) HW Score: 59.1%, 10.64 of 18 pts Question Help en-size financial statements. Prepare common-size income statements for Walmart and Starbucks using the January 2015 and September 2014 Information opup window. Which company is doing a better job of getting sales dollars to net income? Where is the one company having an advantage over the mpany in turning revenue into net income? Ce the table Data Table mpany count es st of goods ing, gener 2 ? 2 rest exper Abbreviated Income Statements (5 in Millions) Company Walmart, Inc. Starbucks Account 1/31/2015 9/30/2014 Sales $ 491,900 ? S 16,731 Cost of goods sold $ -370,439 2 s -7.110 Selling, general, and administrative expenses $ -94,552 2 $ -11,540 EBIT $ 26,909 ? $ -1,919 Interest expense $ -2.320 2 $ -17 Taxes $ -9,098 ? $ 716 Net Income $ 15,491 ? S -1.220 Right click on the table and select Copy to clipboard and then right-click the highlighted foxts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. > es 2 Income 2 2 Print Done y number Check Answer Clear All ining w X P A EPIC 13 O GAMES