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Data for Mal Designs, Inc. follow (Click the icon to view the data) Read the requirements Requirement 1. Prepare a comparative common-size income statement
Data for Mal Designs, Inc. follow (Click the icon to view the data) Read the requirements Requirement 1. Prepare a comparative common-size income statement for Mil Designs, the using the 2018 and 2017 data Round percentages to one-santh parcent (Round the percentages to one-th peran XX%) Mil Designs, Inc. Common-Size Income Statement Years Ended December 31, 2018 and 2017 2018% 2017% Net Sales Revenue Expenses 100.0% 1000% Cost of Goods Sold 474 % 505% Selling and Administrative Expenses 22.3% 24% 17% 08- Other Expenses 714 20.1 Total Expenses % 286 239 the Net Income Requirement 2. To an investor, how does 2018 compare with 20177 Explain your reasoning An investor would be with 2018 in comparison with 2017. Cost of goods sold and selling and general expenses-the two largest expenses-consumed percentages of net reve net revenue in 2018 and set income representa
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