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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 Years 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 Years Ended December 31, 2017 and 2016 2017 2016 Sales Cost of goods sold Gross profit Operating expenses Not income $ 740,000 560,300 179.700 120,200 $ 51,500 $625,000 200.800 334,200 218.500 $ 115,700 Has the company's situation improved in the most recent year? Yes O No

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