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A company has the following balances on its financial statements: $32,000,000 16,000,000 4,000,000 80,000,000 40,000,000 Revenue Cost of sales Net income Total assets Total equity

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A company has the following balances on its financial statements: $32,000,000 16,000,000 4,000,000 80,000,000 40,000,000 Revenue Cost of sales Net income Total assets Total equity A common-size income statement would show net income as 12.5 % 5.0% 10.0 % 25.0 %

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