Q8: BDC Inc. reported for the following Income Statement for the year ended December 31. Calculate the common-size percents and analyze this financial statement. BDC Inc. Income Statement For Year Ending December 31 $319,000 154,875 Sales Revenue Cost of Goods Sold Gross Profit Selling expenses Admin expenses Total Operating Expenses Net Income 164,125 62,650 71,770 134,420 $29,705 b. Explain what you learn specifically about this company using your analysis.

28: BDC Inc. reported for the following Income Statement for the year ended December 31. Calculate the common-size ercents and analyze this financial statement. b. Explain what you learn specifically about this company using your analysis