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Prepare a comparative common-size income statement for Reasonable Tutoring Inc. (Click the icon to view the income statement.) Prepare a comparative common-size income statement
Prepare a comparative common-size income statement for Reasonable Tutoring Inc. (Click the icon to view the income statement.) Prepare a comparative common-size income statement (Round your answers to one decimal p Reasonable Tutoring Inc. Comparative Common-Size Income Statement For the Years Ended December 31, 2020 and 2019 2020 2019 100.0% 100.0% Net sales Expenses Cost of goods sold 243,000 210,000 Selling and general expenses 148,000 143,000 Interest expense 18,000 14,000 59,000 Wages expense 49,000 Total expenses Net income
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