help with analysis response

Amazon Best Buy Walmart

Sales 100.0% 100.0% 100.0%

Cost of sales 70.5% 77.6% 75.2%

Gross profit 29.5% 22.4% 24.8%

Selling, general, and administrative

expenses 29.3% 18.8% 19.2%

Operating expenses 0.0% .01% 0.0%

Income from operations 0.2% 3.6% 5.6%

1. Which company reported the highest gross profit percentage? (5 points)

Amazon reported the highest gross profit percentage.

2. Which company reported the highest income from operations percentage? (5 points)

Walmart had the highest income from operations percentage.

3. Similar and expected analysis response: Amazon has a high gross profit on a percentage basis. Amazon has a low income from operations on a percentage basis. The analysis for selling, general, and administrative expenses is consistent with the companys history which spends a large percentage of sales dollars for selling, general, and administrative activities.

4. Analysis response: (10 points) Walmart

5. Analysis response: (10 points) Best Buy