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Express the following income statement information in common-size percent?s and is trend percent?s using 2013 as the base year. Sales Cost of goods sold Gross

Express the following income statement information in common-size percent?s and is trend percent?s using 2013 as the base year.

Sales Cost of goods sold Gross profit 2013 $460,000 2014 $540,000 240,000 290,000 $220,000 $250,000 Common-Size Percents 2013 ? ? ? 2014 ? ? ? Trend Percents 2013 ? ? ? 2014 ? ? ?

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