The required tasks are detailed below:

(1) Prepare A common-size analysis [for 3 consecutive years]:
Vertical analysis is performed for the income statement and balance sheet with comments
Horizontal analysis is performed for the income statement, balance sheet, and cash flow statement with comments
2) A Ratio analysis for each Company [for two consecutive years]:
Comprehensive analysis and comments on the improvement and/or the deterioration of the company’s liquidity. Profitability, market, solvency, and efficiency in the two years

  
 
 

Net sales: Products Services CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Total net sales Cost of sales: Products Services Total cost of sales Gross margin Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income Earnings per share: Basic Diluted Shares used in computing earnings per share: Basic Diluted September 28, 2019 $ S5 213,883 $ 46,291 260,174 144,996 16,786 161,782 98,392 16,217 18,245 34,462 Years ended September 29, September 30, 2017 2018 63,930 1,807 65,737 10,481 55,256 $ 11.97 $ 11.89 $ 4,617,834 4,648,913 225,847 $ 39,748 265,595 148,164 15,592 163,756 101,839 14,236 16,705 30,941 70,898 2,005 72,903 13,372 59,531 $ 12.01 $ 11.91 $ 4,955,377 5,000,109 196,534 32,700 229,234 126,337 14,711 141,048 88,186 11,581 15,261 26,842 61,344 2,745 64,089 15,738 48,351 9.27 9.21 5,217,242 5,251,692