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any guidance to complete this problem would be greatly appreciated Scherer Company provided the following income statements for its first 3 years of operation: Prepare

any guidance to complete this problem would be greatly appreciated

image text in transcribed Scherer Company provided the following income statements for its first 3 years of operation: Prepare common-size income statements by using Year 1 as the base period. Prepare common-size income statements by using Year 1 as the base period. (Note: Enter all amounts as positive numbers, except for a net loss. Enter net loss as a negative number, if applicable. Round answers to the nearest whole percentage. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries.)

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