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Prepare a comparative common-size income statement for McMahon Music Ltd., rounding percentages to one-tenth percent. (Click the icon to review data from the comparative income
Prepare a comparative common-size income statement for McMahon Music Ltd., rounding percentages to one-tenth percent. (Click the icon to review data from the comparative income statement.) (Enter the percentage changes as a percent, rounded to one decimal place, X.X%.) McMahon Music Ltd. Comparative Common-Size Income Statement For the Years Ended December 31, 2020, and 2019 2020 % of total 2019 % of total % % % Total revenue Expenses: Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses % % % % % % Net income % % Prepare a comparative common-size income statement for McMahon Music Ltd., rounding percentages to one-tenth percent. (Click the icon to review data from the comparative income statement.) (Enter the percentage changes as a percent, rounded to one decimal place, X.X%.) McMahon Music Ltd. Comparative Common-Size Income Statement For the Years Ended December 31, 2020, and 2019 2020 % of total 2019 % of total % % % Total revenue Expenses: Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses % % % % % % Net income % %
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