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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 2 Yrs Ago 100.0% 100.0% 100.0% 63.5 61.3 57.6 14.2 13.7 14.0 Current Yr 103.8% 114.4 105.3 Trend Percents 1 Yr Ago 102.6% 109.2 100.4 2 Yrs Ago 100.0% 100.0 100. 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.). Current Yr 1 Yr Ago 2 Yrs Ago 100.000 Sales Cost of Goods Sold 57,600 14,000 Total Expenses Net Income $ 28.400 Change in Net Income > 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 2 Yrs Ago 100.0% 100.0% 100.0% 63.5 61.3 57.6 14.2 13.7 14.0 Current Yr 103.8% 114.4 105.3 Trend Percents 1 Yr Ago 102.6% 109.2 100.4 2 Yrs Ago 100.0% 100.0 100. 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 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?
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