The following income statement data (in millions) for Dell, Inc., and Hewlett-Packard Company (HP) were taken from

Question:

The following income statement data (in millions) for Dell, Inc., and Hewlett-Packard Company (HP) were taken from their recent annual reports:

a. Prepare a vertical analysis of the income statement for Dell. Round to one decimal place.
b. Prepare a vertical analysis of the income statement for HP. Round to one decimal place.
c. Based on (a) and (b), how does Dell compare toHP?

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Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

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

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Question Posted: Feb 28, 2014 06:49 AM

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The following income statement data (in millions) for Dell, Inc., and Hewlett-Packard Company (HP) were taken from

Question:

Dell Hewlett-Packard Net sales Cost of goods sold (expense) Operating expenses Operating income (loss) $126,033 96,089) 963)18465 $ 11,479 $61,494 (50,098) 7 3,433

Step by Step Answer:

a Dell Inc Amount Percent Net sales 61494 1000 Cost of goods sold 50098 81...View the full answer

Corporate Financial Accounting

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