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Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow Sales Cost of goods sold Operating expenses Common-Size Percents Current
Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow Sales Cost of goods sold Operating expenses Common-Size Percents Current 1 Year Ago 2 Years Year Ago 100.0% 100.8% 100.0% 63.2 61.9 57.2 14.3 13.8 14.1 Trend Percents Current 2 Years 1 Year Ago Year Ago 104.13 102.9% 100.0% 115.0 109.7 100.0 105.6 100.7 100.0 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. Change in Net Income Net Income Determine the net income for the following years. Assuming sales were $100,000 2 yrs ago, what is net income in each year (Enter all amounts as positive values.) Current Year 1 Year Ago Cost of Goods Sold Operating Expenses encome 2 Years Ago S 100,000 57,200 14.100 s 28.700
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