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Below is the comparative income statement data for Hooser, Inc. Prepare a comparative common-size income statement for Hooser, Inc. Round percentages to the nearest tenth
Below is the comparative income statement data for Hooser, Inc. Prepare a comparative common-size income statement for Hooser, Inc. Round percentages to the nearest tenth of a percent, X.X%. |(Click the icon to view the comparative income statement.) Hooser, Inc. Common-Size Income Statement Years Ended December 31, 2018 and 2017 2018 (%) 2017 (%) Revenue % % es: % % Cost of goods sold Selling and general expenses % Interest expense % % Income tax expense % % Total expenses % % Net income % % Data Table Hooser, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Revenue $ 490,000 $ 411,100 Expenses: Cost of goods sold 246,000 235,000 Selling and general expenses 106,600 104,600 Interest expense 4,500 10,000 54,700 Income tax expense 41,200 Total expenses 417,300 385,300 $ 72,700/$ 25,800 Net income Print None
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