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Data for Ramirez, Inc. and Azul Corp. follow: (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare common-size income statements. (Round
Data for Ramirez, Inc. and Azul 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%.) Ramirez Versus Azul Common-Size Income Statement (Partial) Year Ended December 31 Net Sales Revenue Cost of Goods Sold Other Expenses Net Income Ramirez % Azul % % % % % Data table % % % % Ramirez Azul Net Sales Revenue $ 8,000 $ 25,000 Cost of Goods Sold 4,968 17,900 2,552 Other Expenses 5,875 480 $ 1,225 Net Income Print Done
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