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aded Exercises i Saved income Statement Decline in Net Income Express the following comparative income statements in common-size decimal place.) GOMEZ CORPORATION Comparative Income Statements
aded Exercises i Saved income Statement Decline in Net Income Express the following comparative income statements in common-size decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Prior Year $ % $ % Sales $ 750,000 100.00 $ 660,000 100.0 Cost of goods sold 562,700 75.0 282,200 Gross profit 187,300 25.0 377,800 Operating expenses 128,000 236.000 Net income $ 59,300 $ 141,800 Reasc
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