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Common - size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common - Size Percents Trend Percents Current Year

Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents Current Year 1 Year Ago 2 Years Ago Current Year 1 Year Ago 2 Years Ago Sales 100.0%100.0%100.0%103.8%102.6%100.0% Cost of goods sold 63.661.457.3115.2109.9100.0 Operating expenses 14.213.714.0105.3100.4100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period?

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