#17

lgns's balance sheet for each year. ulberry Perform a ET-16 Preparing common-size income statements Refer to the data presented for Mulberry Dcsigns, Inc. in Exercise E17-13. Learning Objec 1, 2018 Net Incos Requirements 1. Prepare a comparative common-size income statement for Mulberry Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent (three eriod, decimal places). 2 To an investor, how does 2018 compare with 2017? Explain your reasoning 2015 .17 Computing working capital changes Data for Research Enterprises follows: 044,000 Learning Ob 83,000 2019 Workin- 2019 2018 2017 $ 490,000 $ 320,000 $230,000 Total Current Assets arest full 235,000 160,000 Total Current Liabilities 115,000 Compute the dollar amount of change and the percentage of change in Research Enterprises's working capital each year during 2019 and 2018. What do the calculated changes indicate