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Express the following comparative income statements in common-size percents (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements For Yours Ended

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Express the following comparative income statements in common-size percents (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements For Yours Ended December 31, 2017 and 2016 2017 2016 % $ Sales $725,000 $ 645,000 Cost of goods sold 565.400 291,000 Gross profit 159.600 354,000 Operating expenses 129,200 244,400 Not income $ 30.400 $ 109 600 % Has the company's situation improved in the most recent year? Yes No N

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