The following income statement data (in millions) for Dell Computer Corporation and Apple Computer Inc. were taken

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The following income statement data (in millions) for Dell Computer Corporation and Apple Computer Inc. were taken from their recent annual reports:


The following income statement data (in millions) for Dell Compu


1. Prepare a vertical analysis of the income statement for Dell. Round to one decimal place.
2. Prepare a vertical analysis of the income statement for Apple. Round to one decimal place.
3. Based upon (1) and (2), how does Dell compare toApple?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

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

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