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Given the following information how would one present the income statement in commom-size format down through net income? Thanks! b Present the income statement in
Given the following information how would one present the income statement in commom-size format down through net income? Thanks!
b Present the income statement in common-size format down through net income. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3)) Sabin Electronics Common-Size Income Statements This Year Last Year Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Interest expense Net income belore laxes Income taxes 0.0 0.0 0.0 Net income 0.0 % 0.01 % References eBook&Resources Worksheet Learning Objective 13-01 Prepare and interpret financial statements in comparative and common size form. Learning Obj for asset mar Difficulty: 1 Easy Learning Objective: 13-02 Compute and Learning Obj for dobt man ere to search
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