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A firm has net sales of $16,000,000, Cost of Goods Sold $6,75,000, Depreciation Expense of $600,000, Selling and Administrative Expenses of $1,000,000, Interest Expense of

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A firm has net sales of $16,000,000, Cost of Goods Sold $6,75,000, Depreciation Expense of $600,000, Selling and Administrative Expenses of $1,000,000, Interest Expense of $800,000, and an average tax rate of 21%. Prepare a Common Size Income Statement using Excel. Please make your report presentable. Apply the formatting skills to the best of your ability

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