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Data for Collin, Inc. and Rojo Corp. follow: (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare common-size income statements. (Round
Data for Collin, Inc. and Rojo Corp. follow: (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare common-size income statements. (Round your answers to one decimal place, X.X%.) Collin Versus Rojo Common-Size Income Statement (Partial) Year Ended December 31 Collin Rojo Net Sales Revenue % | % Cost of Goods Sold Other Expenses Net Income % % 1 Data Table Collin Rojo Net Sales Revenue $ 11,000 $ 21,000 Cost of Goods Sold 6,721 3,597 15,414 4,557 Other Expenses $ 682 $ 1,029 Net Income
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