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Prepare comparative financial statements (Balance Sheet and Income Statement) for the two most recent years. Round amounts to the nearest one-tenth of a percent. INCOME
Prepare comparative financial statements (Balance Sheet and Income Statement) for the two most recent years. Round amounts to the nearest one-tenth of a percent.
INCOME STATEMENTS 2020 2019 2018 $ 68,041 $ 74,974 143,015 66,069 59,774 125,843 $ 64,497 45,863 110,360 (In millions, except per share amounts) Year Ended June 30, Revenue: Product Service and other Total revenue Cost of revenue Product Service and other Total cost of revenue Gross margin Research and development Sales and marketing General and administrative Operating income Other income, net Income before income taxes Provision for income taxes Net income Earnings per share: Basic Diluted Weighted average shares outstanding: Basic Diluted 16,017 30,061 46,078 96,937 19,269 19,598 5,111 52,959 77 53,036 8,755 $ 44,281 16,273 26,637 42,910 82,933 16,876 18,213 4,885 42,959 729 43,688 4,448 $ 39,240 15,420 22,933 38,353 72,007 14,726 17,469 4,754 35,058 1,416 36,474 19,903 $ 16,571 $ $ 5.82 5.76 GA GA 5.11 5.06 $ $ 2.15 2.13 7,610 7,683 7,673 7,753 7,700 7,794Step by Step Solution
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