Compare Income Statements and Balance Sheets of Competitors a. Following are selected income statement data for two communications companies, Comcast and Verizon, for the year ended December 31, 2018. Express each income statement amount as a percentage of sales. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%). Comcast Verizon Income Statement ($ millions) Sales $96,397 75,498 20,899 102 % $133,480 79.9% 108,585 22.1% 24,895 7.7% 14.4% Nonoperating expenses 7,290 6,364 Net income $13,609 $18,531 b. Following are selected balance sheet data for two communications companies, Comcast and Verizon, for the year ended December 31, 2018. Express each balance sheet amount as a percentage of total assets. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%). Comcast Operating costs Operating profit Balance Sheet ($ millions) Current assets Long-term assets Total assets Current liabilities Long-term liabilities Total liabilities $22,285 229,836 $252,121 $28,155 154,611 $182,766 69,355 Stockholders' equity* Total liabilities and equity $252,121 *Includes noncontrolling interest Verizon 23.6% $35,329 243.2% 230,193 266.8% $265,522 29.8% $38,689 163.6% 175,633 193.4% $214,322 73.4 % 51,200 266.8% $265,522 102 % 83% 19% 4.9% 14.2% 27% 175.9% 202.9% 29.6 % 134.2% 163.8% 39.1 % 202.9%

Compare Income Statements and Balance Sheets of Competitors a. Following are selected income statement data for two communications companies, Comcast and Verizon, for the year ended December 31,2018 , Express each income statement amount as a percentage of sales Note: Round percentage to one decimal point (for example. round 18566% to 186% ) 0. rourowing are selected balance sheet data for two communications companies, Comcast and Verizon, for the year ended December 31,2018 . Express each balance sheet amount as a percentage of total assets Note: Round percentage to one decimal point (for example, round 18.566% to 18.6% )