e 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 millions) Amazon Best Buy Walmart 540,359.00 588,988.00 62,752.00 Cost of sales 51,292.00 1 8 $9,047.00 $485,651.00 365,086.00 $120,565.00 93,418.00 0.00 8 Gross profit Selling general and ads Operating expenses Income from aperation 7,592.00 5.00 50.00 $27.147.00 1. Prepare comparative common-sized income statements for each company Enter al amounts as positive numbers Found percentages to one decimal place 2. Use the common-sized analysis to compare the financial performance of the three companies Comparative Common-Sized Income Statements WH Fredere comercive common-sized income statements for each company Entes amoun Die numbers Reena sercentages to one 1. Prepare comparative common-sized income statements for each company. Enter all amounts as positive numbers. Round percentages to one decimal place Comparative Common-Sized Income Statements Amazon Best Buy Walmart 2 Sales 100.0% 100.0% 100.0% Cost of sales 70.5 Gross profit 29.5% Selling general, and administrative expenses Operating expenses Income from operations Final Question 2. Based on the common seed analysis which of the following statements is correct? Walmart has the lowest gross profit on a percentage bass but generates a very strong income from operations on a percentage basis Best Buy has relativey strong gross profit and income from operations percentage W mart has the nighest gross prot 01 Dercentage ass and generates a very strong come from operations on a percentage bass Manhas the Highest Pos t s percentage bass has the lowes income from operations on a percentage bass