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Age Common size and trend percents for Rowl Company's sales, cost of goods sold, and expenses fotlow. Common Size Percents Trend Percent Current 1 Year

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Age Common size and trend percents for Rowl Company's sales, cost of goods sold, and expenses fotlow. Common Size Percents Trend Percent Current 1 Year 2 Years Current 1 Year 2 Years Year Age Year Aga M Sales 100.0 100.rs 100. ON 104.0 102.0 100.0% Cost of goods sold 63.3 61.1 57.8 1139 100.7 100.0 Operating expenses 14.2 13.7 14.0 105.5 100. 100.0 Determine the net income for the following years. Did the net income increme, decrease or remain unchanged in this three year period? Complete this question by entering your answers in the tabs below. Change in the Income Income Did the net income increase, decrease, or remain unchanged in this three-year period? Did the net income and decorremain unchanged in this three year period? Common size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow Common-Size Percents Current 1 Year 2 Years Year Agg Ago 100.0% 100.ex 100. 63.3 51.1 57.8 14.2 13.7 14.0 Trand Percent Current 1 Year 2 Years Year Age Ago 104.0 102.8% 108.8% 113.9 108.7 100.0 105.3 100.6 100.0 Sales Cast of goods sold Operating expenses Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three year period? Complete this question by entering your answers in the tabs below. Change in Net Income Net Income Determine the net income for the following years. Assuming sales were $100,000 2 yrs ago, what net Income in each year? (Enter all amounts as positive values) Current Year 1 Year Ago Sales 2 Years Ago 5 100.000 57.800 1000 Cast of Goods Sold Operating Expenses Net Income $ 20.200

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