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Below is the comparative income statement data for Mariner, Inc. Prepare a comparative common-size income statement for Mariner, Inc. Round percentages to the nearest tenth
Below is the comparative income statement data for Mariner, Inc. Prepare a comparative common-size income statement for Mariner, Inc. Round percentages to the nearest tenth of a percent, X.X%. (Click the icon to view the comparative income statement.) . Data table Mariner, Inc. Common-Size Income Statement Years Ended December 31, 2018 and 2017 2018 (%) 2017 (%) Revenue % % Expenses: Cost of goods sold Selling and general expenses % % % % Interest expense % % Mariner, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Revenue $ 515,000 $ 464,300 Expenses: Cost of goods sold 245.000 240,000 Selling and general expenses 115,400 109,900 Interest expense 4.500 1,500 Income tax expense 45,500 41.2001 Total expenses 410,400 392,600 $ 104,600 $ 71,700 Net income Income tax expense % % Total expenses % % Net income % % Print Done
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