Question
The condensed statement of comprehensive incomes through operating profit for Dell Inc. and Apple Inc. are reproduced below for recent fiscal years (numbers in millions
The condensed statement of comprehensive incomes through operating profit for Dell Inc. and Apple Inc. are reproduced below for recent fiscal years (numbers in millions of dollars). Dell Inc. Apple Inc. Sales (Net) Cost of Sales $64,494 $69,225 51,208 40,981 Gross Profit $13,286 $28,244 Selling and general Expenses $8,577 $6,091 Research and Development 838 2,769 Operating Expenses 9,415 8,860 Operating Profit $3,871 $19,384 Required: a. Prepare comparative common-sized statements, rounding percent to one decimal place. b. Analyzes and interpret the data presented in (a). (7 marks) (8 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started