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Hello, Can you assist me with the following? Computers have become a staple in the lives of most people. There are many companies that provide

Hello, Can you assist me with the following? Computers have become a staple in the lives of most people. There are many companies that provide computers on the market. Assume that you are planning to purchase a new laptop for your school, work, and home use. Please go to the websites of two major United States computer manufacturers such as Hewlett Packard and Acer for year 2023.

Please complete the following items and questions:

  • Compare the following items for your selections in their financial statements:
    • Revenues for products
    • Revenues for services
    • Cost of goods sold
    • Accounts receivable
    • Inventories
    • Accounts payable
    • Research and development
  • What are some factors that can impact the gross profit of a merchandise company?
  • One item that can help investors understand the relationship between net sales and net profits is the gross profit rate. Find the financial information needed to calculate the gross profit rate for your two selected companies.
    • Which company has the better ratio?
    • Why do you think this is the case?

Please use the most recent annual report available year 2023. Also, make sure to use the same year's annual report for your companies.

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