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Dala for Mariner Designs, Inc. follow: (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a comparative common-size income statement for
Dala for Mariner Designs, Inc. follow: (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a comparative common-size income statement for Mariner Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent. (Round the percentages to one-tenth percent, X.X%.) i Data Table Requirements Mariner Designs, Inc. Common-Size Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Mariner Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 1. Prepare a comparative common-size income statement for Mariner Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent. 2. To an investor, how does 2018 compare with 2017? Explain your reasoning. Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses 2017 Print Done $ 429,750 $ 373,450 Other Expenses Total Expenses Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses Net Income Other Expenses 203,000 97,450 6.000 306.450 123,300 $ 186,250 91,050 5.000 282.300 91,150 Total Expenses $ Net Income
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