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Prepare common-size income state-ments for Walmart and Starbucks using the January 2016 information forWalmart and September 2016 information for Starbucks, provided in Prob-lems 5

" Prepare common-size income state-ments for Walmart and Starbucks using the January 2016 information forWalmart and September 2016 information for Starbucks, provided in Prob-lems 5 and 6. Which company is doing a better job of getting sales dollars tonet income? Where is one company having an advantage over the other inturning revenue into net income"

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