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3 Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents 2 points Current Year
3 Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents 2 points Current Year 1 Year 2 Years Current 1 Year 2 Years Sales 100.0% Ago 100.0% Ago 100.0% Year 104.5% Ago Ago 103.3% 100.0% Cost of goods soldi Operating expenses 63.1 14.3 60.9 13.8 56.8 14.1 116.1 106.1 110.8 100.0 101.1 100.0 eBook Hint Print References 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 Net Income 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.) Sales Cost of Goods Sold Operating Expenses Net Income Current Year 1 Year Ago 2 Years Ago $ 100,000 56,800 14,100 $ 29,100
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