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Data for Carey, Inc. and Gibson Corp. follow: (Cick the icon to view the data.) Read the reguirements Requirement 1. Prepare common-size income statements. (Round
Data for Carey, Inc. and Gibson Corp. follow: (Cick the icon to view the data.) Read the reguirements Requirement 1. Prepare common-size income statements. (Round your answers to one decimal place, X.X % .) Carey Versus Gibson Data Table Requirements Common-Size Income Statement (Partial) Year Ended December 31 Carey Gibson 1. Prepare common-size income statements. 2. Which company earns more net income? 3. Which company's net income is a higher percentage of its net sales revenue? Carey Gibson Net Salos Revenue $ 26,000 Net Sales Revenue 9,000 Cost of Goods Sold Cost of Goods Sold 5418 18,746 Oher Expenses 3,024 6,006 Other Expenses 558 1,248 Net Income Net Income Print Done Print Done
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