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Data for Carey, Inc. and Azul Corp. follow (Click the icon to view the data) Read the requirements Data Table Requirement 1. Prepare common size
Data for Carey, Inc. and Azul Corp. follow (Click the icon to view the data) Read the requirements Data Table Requirement 1. Prepare common size income statements (Round your answers to one decimal place XX%) Carey Versus Arul Common-Size Income Statement (Partial) Year Ended December 31 Carey Azul Net Sales Revenue Cost of Goods Sold Other Expenses Carey Azul Net Sales Revenue $ Cost of Goods Sold Other Expenses 15 000 $ 9.165 4950 855 $ 24,000 17,164 5,592 Net Income $ 1.224 Net Income Requirement 2. Which company carns more net income? earns more net income Requirement 3. Which company's net income is a higher percentage of its net sales revenue? V has a net income at a higher percentage of its net sales Print Done
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