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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 1 Year Ago 2 Years

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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 1 Year Ago 2 Years Current Year 2 Years 1 Year Ago Ago Year Ago Sales 100.0% 100.0% 100.0% 104.6% 103.4% 100.0% Cost of goods sold 63,4 61.2 56.3 117.8 1124 100.0 Operating expenses 14.3 13,8 14.1 1062 1012 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, decronse, or remain unchanged in this three year period? Change in Met Income Net Income 1 Year Ago 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 Current Year 2 Years 1 Year Ago Ago Year Ago Sales 100.0% 100.0% 100.0% 104.5% 103.4% 100.0% Cost of goods sold 63,4 612 56 3 117.8 112.4 100.0 Operating expenses 14,3 13.8 106.2 101.2 100.0 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 2 Years Ago Sales $ 100,000 Cost of Goods Sold 50.300 Operating Expenses 14,100 Net Income $ 29,600

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