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Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Sales Cost of goods sold Total expenses Common-Size Percents Current
Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Sales Cost of goods sold Total expenses Common-Size Percents Current Yr 1 Yr Ago Yrs Ago 100.0% 100.0% 100.0% 63.4 61.9 59.1 15.3 14.8 15.1 Trend Percents Current Yr 1 Yr Ago 105.4% 104.2% 113.1 109.1 106.8 102.1 2 Yrs Ago 100.0% 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. Net Income Change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Sales Cost of Goods Sold Total Expenses Net Income Current Yr 1 Yr Ago 2 Yrs Ago $ 1,042,000 $ 102,600 $ 100,000 66,010 63,014 59.100 14,742 14,056 15,100 $ 961,248 $ 25,530 $ 25,800 Net Income Change in Net Income >
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