1 Amazon Best Buy Walmart 2 Sales $88,988.00 $40,339.00 $485,651.00 3 Cost of sales 62,752.00 31,292.00 365,086.00 4 Gross profit $26,236.00 $9,047.00 $120,565.00 5 Selling, general, and administrative expenses 26,058.00 7,592.00 93,418.00 6 Operating expenses 0.00 5.00 0.00 7 Income from operations $178.00 $1,450.00 $27,147.00 1. Prepare comparative common-sized income statements for each company. Enter all amounts as positive numbers. Round percentages to one decimal place. 2. Use the common-sized analysis to compare the financial performance of the three companies.

Question

Briley Mack

Business

8 January, 14:16

1 Amazon Best Buy Walmart 2 Sales $88,988.00 $40,339.00 $485,651.00 3 Cost of sales 62,752.00 31,292.00 365,086.00 4 Gross profit $26,236.00 $9,047.00 $120,565.00 5 Selling, general, and administrative expenses 26,058.00 7,592.00 93,418.00 6 Operating expenses 0.00 5.00 0.00 7 Income from operations $178.00 $1,450.00 $27,147.00 1. Prepare comparative common-sized income statements for each company. Enter all amounts as positive numbers. Round percentages to one decimal place. 2. Use the common-sized analysis to compare the financial performance of the three companies.

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Jacqueline Krause · Answer 1

Sales

Less

Less Cost of Goods - Cost of Sales

Gross profit

Less

Selling Expenses

General Expenses

Administrative expenses

Net income before Tax

Less Taxes

Net income

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