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A comparative income statement is given below for McKenzie Sales, Limited, of Toronto: Members of the company's board of directors are surprised to see that

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A comparative income statement is given below for McKenzie Sales, Limited, of Toronto: Members of the company's board of directors are surprised to see that net income increased by only $120,900 when sales increased by $1,754,400 Required: 1. Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place (i.e

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