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Express the following comparative income statements in common-size percent's (vertical analysis) (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements For
Express the following comparative income statements in common-size percent's (vertical analysis) (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31, 2018 and 2017 2018 2017 ales ost of goods sold ross profit 740,000 60,300 179,700 128.200 51,500 625,000 90,800 34,200 18,500 115,700 ating expenses et income What is your analysis of the company's situation? (comment on each of the line item changes). Sales Cost of Goods Sold: Gross Profit: Operating Expenses Net Income
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