Apple
Dell Inc. Computer, Inc.
Sales (net) $57,420 $24,006
Cost of sales 44,904 15,852
Gross profit $12,516 $8,154
Selling, general, and administrative expenses$ 5,948 $ 2,963
Research and development 498 782
Operating expenses $6,446 $3,745
Income from operations $6,070 $4,409
Prepare comparative common-sized statements, rounding percents to one decimal place. Interpret the analyses.
Current liability $100.00
Prepaid expense 20.00
Total assets $283.50
Sales $1,000.00
Net income $50.00
Quick ratio 2.0
Current ratio 3.0
A/R Turn over 4 times
ROE 12%
Capitalization ratio 30%
Jacobus has no preferred stock—only common equity