Yahoo Finance website which shows financial data for IBM and Dell…
QuestionAnswered step-by-stepYahoo Finance website which shows financial data for IBM and Dell…Yahoo Finance website which shows financial data for IBM and Dell Technologies. After reviewing the numbers, explain why one company may be doing better financially than the other. Dell Technologies Breakdown TTM 1/31/2022 1/31/2021 1/31/2020 1/31/2019 Total Revenue101,197,000101,197,00094,224,00092,154,00090,621,000Cost of Revenue79,306,00079,306,00064,807,00063,221,00065,568,000Gross Profit21,891,00021,891,00029,417,00028,933,00025,053,000Operating Expense17,232,00017,232,00024,273,00026,311,00025,244,000Operating Income4,659,0004,659,0005,144,0002,622,000-191,000Net Non Operating Interest Income Expense-1,500,000-1,500,000-1,929,000-2,658,000-2,175,000Other Income Expense2,764,0002,764,000455,00032,0005,000Pretax Income5,923,0005,923,0003,670,000-4,000-2,361,000Tax Provision981,000981,000165,000-5,533,000-180,000Net Income Common Stockholders5,563,0005,563,0003,250,0004,616,000-2,310,000Average Dilution Earnings-7,000-7,000-13,000-84,000-Diluted NI Available to Com Stockholders5,556,0005,556,0003,237,0004,532,000-2,310,000Basic EPS–4.376.38-3.22Diluted EPS–4.226.03-3.22Basic Average Shares–744,000724,000719,000Diluted Average Shares–767,000751,000719,000Total Operating Income as Reported4,659,0004,659,0005,144,0002,622,000-191,000Total Expenses96,538,00096,538,00089,080,00089,532,00090,812,000Net Income from Continuing & Discontinued Operation5,563,0005,563,0003,250,0004,616,000-2,310,000Normalized Income2,509,5042,509,5042,815,4754,592,640-2,435,664Interest Income42,00042,00054,000160,000313,000Interest Expense2,703,0001,542,0002,389,0002,675,0002,488,000Net Interest Income-1,500,000-1,500,000-1,929,000-2,658,000-2,175,000EBIT7,465,0007,465,0006,059,0002,671,000127,000EBITDA12,016,000—-Reconciled Cost of Revenue79,306,00079,306,00064,807,00063,221,00065,568,000Reconciled Depreciation4,551,0004,551,0005,390,0006,143,0007,746,000Net Income from Continuing Operation Net Minority Interest4,798,0004,798,0003,250,0004,616,000-2,310,000Total Unusual Items Excluding Goodwill2,744,0002,744,000455,00032,000136,000Total Unusual Items311,0002,744,000455,00032,000136,000Normalized EBITDA9,272,0009,272,00010,994,0008,782,0007,737,000Tax Rate for Calcs00000Tax Effect of Unusual Items455,504455,50420,4758,64010,336Link to Yahoo Fiance https://finance.yahoo.com/quote/DELL/financials?p=DELL&.tsrc=fin-srch IBM Breakdown TTM 12/31/2021 12/31/2020 12/31/2019 12/31/2018 Total Revenue58,361,00057,351,00073,621,00077,147,00079,590,000Cost of Revenue26,567,00025,865,00038,046,00040,659,00042,655,000Gross Profit31,794,00031,486,00035,575,00036,488,00036,936,000Operating Expense24,645,00024,654,00028,680,00025,857,00023,651,000Operating Income7,149,0006,832,0006,895,00010,631,00013,285,000Net Non Operating Interest Income Expense-1,131,000-1,103,000-1,183,000-995,000-459,000Other Income Expense-798,000-890,000-1,074,000529,000-1,482,000Pretax Income5,216,0004,837,0004,637,00010,166,00011,342,000Tax Provision245,000124,000-864,000731,0002,619,000Net Income Common Stockholders5,521,0005,743,0005,590,0009,431,0008,728,000Average Dilution Earnings00-2,0000-6,000Diluted NI Available to Com Stockholders5,521,0005,743,0005,588,0009,431,0008,722,000Basic EPS-6.416.2810.639.57Diluted EPS-6.356.2310.569.52Basic Average Shares-896,000890,300887,200912,000Diluted Average Shares-904,600896,600892,800916,300Total Expenses51,212,00050,519,00066,726,00066,516,00066,306,000Net Income from Continuing & Discontinued Operation5,520,0005,742,0005,590,0009,431,0008,728,000Normalized Income4,910,0064,549,3425,574,0009,242,9048,702,237Interest Income55,00052,000105,000349,000264,000Interest Expense1,186,0001,155,0001,288,0001,344,000723,000Net Interest Income-1,131,000-1,103,000-1,183,000-995,000-459,000EBIT6,402,0005,992,0005,925,00011,510,00012,065,000EBITDA12,403,000—-Reconciled Cost of Revenue21,689,00020,564,00032,474,00035,362,00038,610,000Reconciled Depreciation6,001,0006,417,0006,695,0006,059,0004,480,000Net Income from Continuing Operation Net Minority Interest4,971,0004,712,0005,501,0009,435,0008,723,000Total Unusual Items Excluding Goodwill64,000167,000-100,000207,00027,000Total Unusual Items64,000167,000-100,000207,00027,000Normalized EBITDA12,339,00012,242,00012,720,00017,362,00016,518,000Tax Rate for Calcs00000Tax Effect of Unusual Items3,0064,342-27,00014,9046,237 Link to Yahoo Finance https://finance.yahoo.com/quote/IBM/financials?p=IBM&.tsrc=fin-srch.Engineering & TechnologyIndustrial EngineeringOperations ManagementOPERATION 301Share Question
