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I Need Help with My Accounting Homework for Free
McKesson Corporation ’s annual report for the year ended March 31, 2009, includes income statements for three years: ending on March 31, 2007, 2008, and 2009. Net income for these three years is as follows (all in millions): $913 (2007), $983 (2008), and $825 (2009). Further analysis of the same income statements reveals that revenues were the following amounts for these same years (all in millions): $92,677 (2007), $102,503 (2008), and $106,932 (2009).
State each year's net income as a percentage of revenues. (Round your answers to 2 decimal places. Omit the "%" sign in your response.) Net Income for 2007 % Net Income for 2008 % Net Income for 2009 % |
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McKesson Corporation 's annual report for the year ended March 31, 2009, includes income statements for three years: ending on March 31, 2007, 2008, and 2009. Net income for these three years is as follows (all in millions): $913 (2007), $983 (2008), and $825 (2009). Further analysis of the same income statements reveals that revenues were the following amounts for these same years (all in millions): $92,677 (2007), $102,503 (2008), and $106,932 (2009).
State each year's net income as a percentage of revenues. (Round your answers to 2 decimal places. Omit the "%" sign in your response.) Net Income for 2007 % Net Income for 2008 % Net Income for 2009 % |
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