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3 Book 6e0 int Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Current Year Sales
3 Book 6e0 int Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Current Year Sales 100.00 1 Year Ago 100.0% 2 Years Current Trend Percents 1 Year 2 Years Ago Year Ago 100.08 104.7 103.5% Cost of goods sold Operating expenses 63.3 14.3 61.1 13.8 57.8 14.1 114.7 106.3 109.4 101.3 Ago 100.0% 100.0 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year- period? Complete this question by entering your answers in the tabs below. Change in Net int Net Income inces Income Determine the net income for the following years. Assuming sales were $100,000 2 yrs ago, what is net income in each year? (Enter all amounts as positive values.) Current Year 1 Year Ago 2 Years Ago Sales $ 100,000 Cost of Goods Sold 57,800 Operating Expenses Net Income 14,100 $ 28,100
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