=+EX 17-3 Common-sized income statement obj. 1 a. Sorenson net income: $44,000; 2.2% of sales 800
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=+EX 17-3 Common-sized income statement obj. 1
✔
a. Sorenson net income: $44,000;
2.2% of sales 800 Chapter 17 Financial Statement Analysis
a. Prepare a common-sized income statement comparing the results of operations for Hrothgar Electronics Company with the industry average. Round to one decimal place.
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