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Marks Corporation Income Statements 3 1 - Dec Account Net sales Cost of Goods Sold Gross Profit Operating Expenses Net Income table [ [

Marks Corporation
Income Statements
31-Dec
Account
Net sales
Cost of Goods Sold
Gross Profit
Operating Expenses
Net Income
\table[[Amount],[2017,2016],[620,000,500,000],[450,000,400,000],[170,000,100,000],[54,000,40,000],[116,000,60,000]]
I. Prepare a trend analysis of the income statement data for Marks corp using 2016 as a base - in Excel - show amounts and %
II. Prepare a common size analysis of the income statement for Marks Corp in columnar format for both years - in Excel
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