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prepare a common size income statement for price company a sole proprietorship for two years shown as follows by converting the dollar amount into percentages.
prepare a common size income statement for price company a sole proprietorship for two years shown as follows by converting the dollar amount into percentages. for each year, sales will appear 100 percent and other items will be expressed as a percentage of sales. (income taxes are not involved as the business is not incorporated.) comment on whether the changes from year 1 to year 2 are favorable or unfavorable
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