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SLO-FinAnalysis (Ch15) The condensed income statements through income from operations for Amazon.com, Inc., Best Buy, Inc., and Walmart Stores, Inc. for a recent fiscal year

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SLO-FinAnalysis (Ch15) The condensed income statements through income from operations for Amazon.com, Inc., Best Buy, Inc., and Walmart Stores, Inc. for a recent fiscal year follow (in million): Amazon Best Buy Walmart Sales. $88,988 $40,339 ....... $485,651 Cost of Goods Sold.. 62.752 ......... 31.292 ..... 365,086 Gross Profit $26,236 $ 9,047 $120,565 Selling, General & Administrative Expenses... 26,058 7,592 *** 93,418 Other Operating Expenses..... 0 0 Income From Operations...... $ 178 ........ $ 1,450 ........ $ 27,147 Required: 1. Prepare comparative common-sized income statements for each company. (Round percentages to one decimal place.) 2. Use the common-sized analysis to compare and interpret the financial performance of the three companies

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