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Common size and tren srcents for Roxi Company's sales, cost of goods sold, and expenses follow, 2 Common Size Percents Trend Percents Current 2 Years
Common size and tren srcents for Roxi Company's sales, cost of goods sold, and expenses follow, 2 Common Size Percents Trend Percents Current 2 Years Current 2 Years 1 Year Ago Year 1 year ago Ago Year Aeo Sales 100.ex 100.0% 100.0% 104.3% 103.1% 100.es Cost of goods sold 63.6 61.4 57.1 116.2 110.9 100.0 Operating expenses 14,3 13.8 14.1 105. 100.9 100.0 Determine the net income for the following years. Did the net income increase, de sase, or re: unchanged in three-year period? Punt Compte this question by entering your answers in the tabs below. Change in Net Income Net Income Mc araw Hill 8:00 PM 3/24/2002 -4F arthy saved Help Submit Save & Exit apter 17 Homework Complete this question by entering your answers in the tabs below. 2 Change in Net Income Net Income Did the net income increase, decrease, or remain unchanged in this three-year period? Print Did the net income increase, decrease, or remain unchanged in this three-year porod? Net Income > Carnet income 2 of 7 8 8:08 PM Mc Graw Hill a AF Saved Help Save 5 Sutma Change in Net Income Net Income Determine the net income for the followirl years. Assuming sales were $100,000 2 yrs ago, what is net income each year? (Enter all amounts as positive values.) Current Year 1 Year Ago Sales Cost of Goods Sold Operating Expenses Net Income 2 Years Ago $ 100.000 57.100 14,100 28 800 $ NE 2 of 7
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