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Exercise 12-5 Blossom Burgers operates and franchises fast-food restaurants specializing in grilled hamburgers and chicken sandwiches. The 2015 and 2016 income statements are as follows

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Exercise 12-5 Blossom Burgers operates and franchises fast-food restaurants specializing in grilled hamburgers and chicken sandwiches. The 2015 and 2016 income statements are as follows (in $000s): Year Ended December 31, 2016 December 31, 2015 Total revenues $41,191 Expenses Cost of restaurant sales Restaurant operating expenses General and administrative 11,127 16,915 6,827 2,554 2,228 994 40,645 $546 11,083 16,727 5,285 2,652 2,108 Impairment of long-lived assets Total expenses Operating income 37,855 $2,628 Prepare a common-size analysis of this section of Blossom Burgers" income statement. Your answers may not add perfectly due to rounding (Round answers to 1 decimal place, e.g. 50.2%.) 2016 2015 Total Revenues Cost of restaurant sales Restaurant operating expenses General and administrative Impairment of long-lived assets Total expenses Operating income Click if you would like to Show Work for this question: Open Show Work

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