Consider the following income statement data from the Ross Company:

	2013	2012
Sales revenue	$545,000	$460,000
Cost of goods sold	336,000	279,000
Selling expenses	105,000	99,000
Administrative expenses	70,000	64,000
Income tax expense	17,800	15,400

Prepare common-size income statements for each year.

Note: Round answers to one decimal place (ex: 0.2345 = 23.5%).

ROSS COMPANY Common-Size Income Statements (Percent of Sales Revenue)
	2013	2012
Sales Revenue	Answer	Answer
Cost of Goods Sold	Answer	Answer
AnswerGross Profit on SalesOperating ExpensesIncome Tax ExpenseNet Income	Answer	Answer
AnswerGross Profit on SalesOperating ExpensesIncome Tax ExpenseNet Income
Selling Expenses	Answer	Answer
Administrative Expenses	Answer	Answer
Total	Answer	Answer
Income before Income Taxes	Answer	Answer
AnswerGross Profit on SalesOperating ExpensesIncome Tax ExpenseNet Income	Answer	Answer
AnswerGross Profit on SalesOperating ExpensesIncome Tax ExpenseNet Income	Answer	Answer