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Common-Size Percents Trend Percents Current Yr 1 Yr Ago Sales 100.0% 100.0% Cost of goods sold Total expenses 63.5 61.3 2 Yrs Ago 100.0% 57.2
Common-Size Percents Trend Percents Current Yr 1 Yr Ago Sales 100.0% 100.0% Cost of goods sold Total expenses 63.5 61.3 2 Yrs Ago 100.0% 57.2 Current Yr 1 Yr Ago 2 Yrs Ago 105.1 % 116.7 103.9% 111.3 100.0% 100.0 14.4 13.9 14.2 106.7 101.7 100.0 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 $ 100,000 57,200 14,200 $ 28,600 Common-size and trend percents for Rustynail Company's sales, cost of good sold, and expenses follow
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