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Prepare common size income statements for each company. One company is a high-end retailer, and the other operates a discount store. Which is the discounter?

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Prepare common size income statements for each company. One company is a high-end retailer, and the other operates a discount store. Which is the discounter? At the end of Year 5 the following information is available for Billings and Phoenix companies: Required a. Prepare common size income statements for each company. b. One company is a high-end retaller, and the other operates a discount store. Which is the discounter? Complete this question by entering your answers in the tabs below

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