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Income Statement Sales 6 , 0 0 0 Cost of Sales 3 , 5 1 6 Gross Margin 2 , 4 8 4 Selling Exp

Income Statement
Sales 6,000
Cost of Sales 3,516
Gross Margin 2,484
Selling Exp 1,092
Admin Exp 618
Net Income 774
What is the common-size percentage for each of the above? Use a "%" after the number with no space between the number and the "%". If the answer is not a round percentage, go to one decimal point. E.g.,100%,90%, or 28.3%. Round to the nearest tenth.

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