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neeed!!!! Exercise 13-5 Determining Income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Rustynall Company's sales, cost of goods
neeed!!!!
Exercise 13-5 Determining Income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Rustynall Company's sales, cost of goods sold, and expenses follow. Sales Cost of goods sold Total expenses Com-Size Percents Current Ye 1 Ye Ago 2 Yes Ago 180.ex 100.ex 180.ex 63.6 61.4 56.3 14.3 13.8 14.1 Current Yr 184,4% 117.9 105. Trend Percents 1 Yr Ago 103.2x 112.5 101.0 2 Yes Ago 100.0% 180.0 100.0 Determine the net income for the following years. Did the net income increase. decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Net Income Change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Sales Cost of Goods Sold Total Expenses Net Income Current Yr 1 Yr Ago 2 Yrs Ago 104.400$ 103.2005 100,000 68 300 14,100 $ 29.000 Change in Net Income > Step by Step Solution
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