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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

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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.) Abbreviated Income Statements ($ in Millions) Company Account Walmart, Inc. Starbucks 1/31/2015 9/30/2014 Sales $ 491,920 % 69 16,801 Cost of goods sold -370,530 % $ -7,272 Selling, general, and administrative expenses $ -94,693 % $ -11,569 do do do % % % EBIT $ 26,697 % $ -2,040 % 000 Interest expense $ -2,343 % $ -26 % Taxes $ -9,011 % $ 764 % Net income $ 15,343 % $ -1,302 % Which company is doing a better job of getting sales dollars to net income? (Select from the drop-down menus.) Walmart and Starbucks bring and cents of sales revenue to the bottom line, respectively. Thus, is doing a better job in this sense.

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