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Dollar Tree Stores, Inc., and Dollar General Corporation are both discount retailers. As their adapted income statements in double that of Dollar Tree millions) show,

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Dollar Tree Stores, Inc., and Dollar General Corporation are both discount retailers. As their adapted income statements in double that of Dollar Tree millions) show, Dollar General's sales revenue was more than Dollar Tree $6,630.5 Dollar General $14,807,2 10.1093 4,697.9 3,207.1 1,490.8 Sales Cost of goods sold Gross profit Selling, general, & administrative expenses Net operating income Other expense Income before taxes Income tax expense 2,3783 1,596.2 265.5 1.2253 779.5 2912 Net Income $766.7 Prepare a common size income statement for each company. (Round answers to 1 decimal place, e.g. 50.14.) Dollar Tree Dollar General 100 1001 Sales Prepare a common-size income statement for each company. (Round answers to 1 decimal place, e.g. 50.1%. Dollar Tree Dollar General 100 a 0.682729 Cost of goods sold 0.317223 Gross profit Seling, general & administrative expe Net operating income lle Other expense Income before taxes Income tax expense 0.05177 Net Income

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