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Question #1 208A All Parts A comparative income statement is given below for McKenzie Sales. Ltd., of Toronto: Members of the company's board of directors

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Question #1 208A All Parts
A comparative income statement is given below for McKenzie Sales. Ltd., of Toronto: Members of the company's board of directors are surprised to see that net income increased by only $202, 500 when sales increased by $1, 752,000. Required: Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)

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