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Compare Raul and Bajo by converting their income statements to common size. Bajo Net sales.. Cost of goods sold $ 18,900 Raul 10,500 $ 6,321
Compare Raul and Bajo by converting their income statements to common size. Bajo Net sales.. Cost of goods sold $ 18,900 Raul 10,500 $ 6,321 3,549 Other expense 13,740 4,196 Net income.. $ 630 $ 964 Which company earns more net income? Which company's net income is a higher percentage of its net sales? Prepare the common-sized financial analysis: (Round percentages to the nearest tenth percent.) Raul Amount % % $ Net sales....... Cost of goods sold Other expenses. 10,500 6,321 3,549 Bajo Amount % $ 18,900 % 13,740 % 4.196 $ 964 % % % $ % % Net income. 630 $ %
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