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A comparative income statement follows for Martine Ltd. of Montreal: Members of the company's board of directors are surprised to see that net income increased
A comparative income statement follows for Martine Ltd. of Montreal: Members of the company's board of directors are surprised to see that net income increased by only $27,760 when sales increased by $2,000,000. Required: 1. Express each year's income statement in common-size percentages. (Round your answers to 1 decimal place.) A comparative income statement follows for Martine Ltd. of Montreal: Members of the company's board of directors are surprised to see that net income increased by only $27,760 when sales increased by $2,000,000. Required: 1. Express each year's income statement in common-size percentages. (Round your answers to 1 decimal place.)
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