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I just need help with the last column please-step by step I Exercise 17-4 Common-size percent computation and interpretation LO P2 Express the following comparative
I just need help with the last column please-step by step I
Exercise 17-4 Common-size percent computation and interpretation LO P2 Express the following comparative Income statements In common-size percents. (Round your percentage answers to 1 decimal place.) Answer is not complete. GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31, 2017 and 2016 2017 2016 S 9% 100.0 A50.000 100.0 Sales 760,000 74.8 286,800 Cost of goods sold 568,100 98.2 25.3 363,400 Gross profit Operating 191,900 17.0 231,200 129,200 expenses 8.3 132 200 S 62.700 Net income Has the company's situation improved in the most recent year? Yes NoStep by Step Solution
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