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Prepare common size income statements for Company, a sole proprietorship for the two years shown above by converting the amounts into percentages. For each year,

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Prepare common size income statements for Company, a sole proprietorship for the two years shown above by converting the amounts into percentages. For each year, sales will appear as 100 percent and items will be expressed as a percentage of sales.(Income taxes are not involves as the business is not incorporated) (Round your percentage value answers to 2 decimal places, 0.1234 as 12.34%) state whether the changes from 2014 to 2015 are favorable or unfavorable

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