Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help with vertical analysis for the following income statement MICROSOFT CORPORATION INCOME STATEMENTS Years Ended June 30, (in millions, except per share amounts) Revenue

Please help with vertical analysis for the following income statementimage text in transcribed

MICROSOFT CORPORATION INCOME STATEMENTS Years Ended June 30, (in millions, except per share amounts) Revenue 2017 2016 Service and other Total revenue $57,190$61,502 $75,956 23,818 85,320 32,760 89,950 17,624 93,580 Cost of revenue 1 15,175 19,086 34,261 55,689 13,037 15,539 4,481 306 22,326 823 23,149 1,945 17,880 14,900 32,780 52,540 11,988 14,697 4,563 21,410 11,628 33,038 60,542 12,046 15,713 4,611 10,011 Service and other Total cost of revenue Gross margin Research and development Sales and marketin General and administrative Impairment and restructuring 20,182 431 19,751 2,953 S21,204$16,798 $12,193 ting income Other income (e Income before income taxes Provision for (benefit from) income taxes Net income Earnings per share: 346 18,507 Basic Diluted $2.74 $2.71 Weighted average shares outstanding 7,746 7,832 $1.56 7,925 8,013 8,177 8,254 $1.24 Basic Diluted Cash dividends declared per $1.44 common share COMPREHENSIVE INCOME STATEMENTS in millions) Years Ended June 30, Net income Other comprehensive income (loss) Net unrealized gains (losses) on derivatives (net of tax effects of S(5), $(12), and S20) Net unrealized losses on investments (net of tax effects of S(613), S(121), and S(197) Translation adjustments and other (net of tax effects of S9, $(33), and $16) 2017 2015 2016 S 21,204 S 16,798 S 12,193 238 559 (362) (1,383) 1116) (519) 985 $ 20,098 $ 15,813 $ 11,007 228 (1,106 Other comprehensive loss 1,186 Comprehensive income

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions