2. Calculate the common-sized percentage for Inventory and Gross Margin in 2019.

Indicate a negative number by using parentheses, such as (5100). You must get the sign correct. $100 is different than (5100)! Round numbers to 2 decimal places, such as 1.88, not 2. Same with percentages, 5.25%, not 5%. Use the following financial statements for Questions 1-9 INCOME STATEMENT Sales 2.510,000 2015.000 495,000 101.000 72.000 Cost of Goods Sold Gross Margin Depreciation Other Selling. Gen. & Admin Earnings before interest and taxes Interest expense Income before taxes Taxes 322.000 41.000 281.000 112.000 169.000 Net income Dividends 67.600 BALANCE SHEET 2019 Cash 55.000 128,000 Accounts Receivable Inventories Prepaid Expenses Current Assets 196,000 56.000 435.000 Fixed Assets 1.326,000 Total Assets 1761.00 Accounts Payable 178,000 141.000 Accrued Liabilities Current Liabilities 319.000 Long-Term Dcht 759,000 Common Stock 190.000 493.000 Retained Earnings Stockholders' Equity Total Liabilities and Equity 683.000 1.761000