2. Analyze the common size income statements below for Coast Company: (in percent) Net sales COGS 2015 2014 100 100 62 65 38 35 Gross margin Research and development Selling, general and administrative Restructuring, asset impairments and other charges 9 Income/(loss) from operations Income/(loss) before taxes Net income/(loss) 17 Interest expense 14 4 Provision for/(benefit from) income taxes 4 10 3