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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 2 Years Year 1
Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents Current 2 Years Year 1 Year Ago. Ago Sales 100.0% 100.0% 100.0% Current Year 105.0x 1 Year Ago 2 Years Agor 103.8% 100.0% Cost of goods sold 63.6 61.4 56.8 117.6 112.2 100.0 Operating expenses 14.4 13.9 14.2 106.6 101.6 100.0 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 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? Change in Net Income Net Income >
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