5 ints eBook Hint Print Ceferences Sales Cost of goods sold Operating expenses Total assets Stockholders' equity Billings $ 3,000,000 1,800,000 960,000 3,750,000 1,000,000 Required A Required B Required: a. Prepare common size income statements for each company. b. One company is a high-end retailer, and the other operates a discount store. Which is the discounter? Complete this question by entering your answers in the tabs below. Phoenix $ 3,000 2,100 780 Show All Items 0 3,750 1,200 Prepare common size income statements for each company. BILLINGS AND PHOENIX COMPANIES Common Size Income Statements For the Year Ended Year 5 Billings % $ 0 0 0 Required A Phoenix $ 0 0 % 0 0 Required B >

Required: a. Prepare common size income statements for each company. Complete this question by entering your answers in the tabs below. Prepare common size income statements for each company