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HFT4474 B52 1211 Homework: Homework 2 Score: 0.44 of 1 pt EF15-16 (similar to) Data for McClane Designs, Inc. follow Fermin Perez & Save

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HFT4474 B52 1211 Homework: Homework 2 Score: 0.44 of 1 pt EF15-16 (similar to) Data for McClane Designs, Inc. follow Fermin Perez & Save 3 of 5 (5 complete) s HW Score: 85.42%, 4.27 of 5 pts Question Help (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a comparative common-size income statement for McClane Designs, Inc. using the 2024 and 2023 data. Round percentages to one-tenth percent. (Round the percentages to one-tenth percent, XX. Enter the percentages without the %. For example, enter 1.1% as 1.1.) McClane Designs, Inc. Common-Size Income Statement Years Ended December 31, 2024 and 2023 2024% 2023% % Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses % Other Expenses Total Expenses Net Income Data Table) McClane Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Net Sales Revenue 2024 2023 $ 432.550 $ 371,150 Expenses Cost of Goods Sold 201,550 188,000 Selling and Administrative Expenses 99,350 94,000 8.350 2,000 Other Expenses 309,250 284,000 Total Expenses 123,300 $ 87,150 Net Income Print Done remaining Check Answer

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