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Question 14 18 pts The comparative income statements for Big Manufacturing Company are shown below. Big Manufacturing Company Comparative Income Statements For the Years Ended
Question 14 18 pts The comparative income statements for Big Manufacturing Company are shown below. Big Manufacturing Company Comparative Income Statements For the Years Ended December 31 2018 2017 2016 Sales $ 44,438 $ 41,138 $ 39,450 Cost of goods sold 23,201 20,280 18,826 Gross margin 21,237 20,858 20,624 Selling expenses 9,352 8,602 7,918 General and administrative expenses 6,621 6,290 5,710 Net income $5,264 $ 5,966 $6,996 Using the information above, fill in the schedule below with the trend percentages. Your answers should be rounded to the nearest whole amount (no decimals). For example 1042 = 10 percent and 1051 = 11 percent. Please type in NUMBERS ONLY. DO NOT PUT IN "%" SIGN OR OTHER WORDS OR CHARACTERS. Big Manufacturing Company Trend Analysis 2018 2017 2016 Sales % % % Cost of goods sold % % % Gross margin % % % Selling expenses % % % General and administrative expenses % % % Net income % %
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