The condensed income statements through income from operations for Dell Inc. and Apple Computer, Inc., are reproduced

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The condensed income statements through income from operations for Dell Inc. and Apple Computer, Inc., are reproduced below for recent fiscal years (numbers in millions of dollars).

Prepare comparative common-sized statements, rounding percents to one decimal place. Interpret theanalyses.

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Managerial Accounting

ISBN: b010ikdqzm

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: May 23, 2012 07:40 AM

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The condensed income statements through income from operations for Dell Inc. and Apple Computer, Inc., are reproduced

Question:

Apple Dell Inc. Computer, Inc. $24,006 15,852 Sales (net) Cost of sales Gross profit Selling, general, and administrative expenses Research and development Operating expenses Income from operations 44,904 5,948 498 S 2,963 3,745 $ 4,409 6,446

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Dell Inc and Apple Computer Inc CommonSized Statements Dell Inc Apple Computer Inc Sales net 1000 1000 Cost of sales 782 660 Gross profit 218 340 Oper...View the full answer

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