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Question 32 (10 points) Express the following comparative income statements in common-size percent and assess whether or not this company's situation has improved in the

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Question 32 (10 points) Express the following comparative income statements in common-size percent and assess whether or not this company's situation has improved in the most recent year (round the percent to one decimal). Show change-column and percentage change-column Apple Inc Comparative Income Statements For Years ended September 28, 2015 and September 27, 2014 2015 2014 Net sales 230,000 182,795 Cost of sales 140,000 112,258 Gross margin 90,000 70.537 14,239 11,000 Selling, general and administrative Operating income 75,761 59,537

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