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compute component percentages for Big Company and Small Company in 2 0 2 3 . Big Company Income Statemenes Sales revenue COBE of goods gold
compute component percentages for Big Company and Small Company in
Big Company Income Statemenes Sales revenue COBE of goods gold Gross profit Operating expenses Operating income Other Income (Expense) Net income Small Company Sales revenue 111,000 Cost Of goods gold 27,500 22,500 Gross profit 88,500 Operating expenses 40,000 48, 000 Operating income 38,500 40,500 Other Income (Expense) 23,000 Net income 47,000 63,500 Required: 2022 1,000,000 150,000 Income 2022 $ 106,000 2023 5,400,000 $ 1 950 ooo Statements 78,500 8,500 2023 I. Compute component percentages (i.e., generate common-size financial statements / perform vertical analysis) for Big Company and Small Company in 2023. Complete this question by entering your answers below. Component Percentages Compute component percentages (i.e., generate common-size financial statements / perform vertical analysis) for Big Company and Small Company in 2023. Note: Enter your percentage answers rounded to 2 decimal places (e.g., 0.1234 should be entered as 12.34). Sales revenue Cost of goods sold Gross profit Comparative Income Statements - 2023 Big Company Small Company Amount Percent Amount 111,000 22,500 88,500 Perc
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