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:

LOADING...

. Which company is doing a better job of getting sales dollars to netincome? 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	Walmart, Inc.			Starbucks
Account	1/31/2015			9/30/2014
Sales	$491,972		%	$16,896		%
Cost of goods sold	$-370,470		%	$-7,115		%
Selling, general, and administrative expenses	$-94,641		%	$-11,599		%
EBIT	$26,861		%	$-1,818		%
Interest expense	$-2,263		%	$-15		%
Taxes	$-9,101		%	$678		%
Net income	$15,497		%	$-1,155		%

Enter any number in the edit fields and then click Check Answer.

Abbreviated Income Statements ($ in Millions)
Company	Walmart, Inc.			Starbucks
Account	1/31/2015			9/30/2014
Sales	$491,972	?		$16,896	?
Cost of goods sold	$-370,470	?		$-7,115	?
Selling, general, and administrative expenses	$-94,641	?		$-11,599	?
EBIT	$26,861	?		$-1,818	?
Interest expense	$-2,263	?		$-15	?
Taxes	$-9,101	?		$678	?
Net income	$15,497	?		$-1,155	?

Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup

dialogue box and select Copy in order to paste its contents into a

spreadsheet.