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Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Trend Percents 1 Year Ago 102.98 110.1 100.7 Sales Cost

Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Trend Percents 1 Year Ago 102.98 110.1 100.7 Sales Cost of goods sold Operating expenses Common-Size Percents Change in Net Income Current Year 100.0% 63.2 14.3 Net Income 1 Year 2 Years Ago 100.0% 61.0 13.8 Ago 100.0% 57.0 14.1 Current Year 104.18 115.4 105.6 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Did the net income increase, decrease, or remain unchanged in this three-year period? Did the net income increase, decrease, or remain unchanged in this three-year period?
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Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Did the net income increase, decrease, or remain unchanged in this three-year period? Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. The company's income statements for the current year and one year ago, follow. (1) Compute debt and equity ratio for the current year and one year ago. Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-yea period? Complete this question by entering your answers in the tabs below. Determine the net income for the following years. Assuming sales were $100,0002yrs ago, what is net income in each year? Note: Enter all amounts as positive values

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