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? Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Current Year Sales 100.0% 1 Year 2
Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Current Year Sales 100.0% 1 Year 2 Years Ago 100.0% Trend Percents Current 1 Year 2 Years Ago Year Ago 100.0% 105.1% 103.9% Ago 100.0% Cost of goods sold 63.4 61.2 Operating expenses 14.4 13.9 57.4 14.2 116.1 106.7 110.8 101.7 100.0 100.0 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 net income in each year? Note: Enter all amounts as positive values. Sales Cost of Goods Sold Operating Expenses Net Income Current Year 1 Year Ago 2 Years Ago $ 100,000 57,400 14,200 $ 28,400
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