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M anu uciliupment percentage for 2015. 1. Research and development percentage for 2016. m. Operating profit percentage for 2014. n. Operating profit percentage for 2015.

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M anu uciliupment percentage for 2015. 1. Research and development percentage for 2016. m. Operating profit percentage for 2014. n. Operating profit percentage for 2015. o. Operating profit percentage for 2016. p. Income tax expense (benefit) percentage for 2014. q. Income tax expense (benefit) percentage for 2015. r. Income tax expense (benefit) percentage for 2016. s. Net profit percentage for 2014. t. Net profit percentage for 2015. u. Net profit percentage for 2016. Lu 2020,UUL Interest expense Income tax expense Net income 3.13. Income statements statements for Yarrick Company for the years ending December 31, 2016, 2015, U14 are shown below. Prepare a common-size income statement and analyze the profitability of the company Yarrick Company Income Statements for the Years Ending December 31, 2016, 2015, and 2014 (in millions) Net sales Cost of goods sold Gross profit Sales, general, and administrative expenses Research and development Operating profit Income tax expense (benefit) Net profit 2016 $237 138 $ 99 42 38 $ 19 7 $ 12 2015 2014 $155 $134 84 72 $ 71 $ 62 3139 33 54 $ 7 ($ 31) 2 (11) $ 5 ($ 20)

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