Leto 21 Spaints Consolidated wine. Financials 2017 2016 744 2017 781 3310 20.825 3. Income Statement 2016 News 40.920 Cost of good 31.100 old Depreciation 3883 EBIT 6.737 interest expense 172 Tax (203 1,193 Net Income 4.772 Balance Sheet Assets Cash and ourite Account receivable inventions Total Ourent 654 090 558 9,787 1,953 515 1,056 7,128 8,114 19 1,918 7.671 1,353 580 Net foed assets 7,347 Total 9.300 Labies and Owners' Equity Accounts payable 1302 Short-term notes 550 Total current abilities 1.000 Long term dett 1,433 Common stock 2,042 Retained camninga 3.965 Totals and 0.300 owners equity 1930 1,043 1.734 3,70 9,114 if you were asked to prepare the common size financial statements for Swinging the information above, wit would be the percentage point change between 2016 and 2017 on ERIT? 7.60 percentage point increase 575 percentage point Consolidated SW Inc. Financials Income Statement 2016 2017 2017 43,310 781 Net sales Cost of good sold Depreciation EBIT 40,920 31.100 3,683 690 29,625 3,898 9,787 515 6,137 Interest expense Tax (20%) Net Income 172 1,193 4,772 198 1.918 7,671 1,988 7.128 9.114 Balance Sheet Assets 2016 Cash and 744 soorities Accounts 651 receivable Inventories 558 Total current assets 1.853 Nel fixed assets 7,347 Total assets 9,300 Liabilities and Owners' Equity Accounts payable 9,302 Short-term notes 558 Total current 1,860 liabilities Long-term debit 1,433 Common stock 2,042 Retained earnings 3,965 Total abilities and 9,300 owners' equity 1 353 588 1939 1.643 1,734 3,798 9.114 If you were asked to prepare the common size financial statements for SW Inc. using the information above, what would be the percentage point change between 2016 and 2017 if you were asked to prepare the common size financial statements for sine using the information above, what would be the percentage point change between 2016 and 2017 on T 0 7.00 percentage point increase 876 percentage point decrease 0.01 percentage point decat 5.75 percentage point inte 6.61 percentage point increase Question 1031 Moving to another question wil save this response ! 988 BOO pe 3 % & 7 8 9 0