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Question Help The comparative income state (Click the icon to view the Data Table Requirement 1. Prepare a comparative c dth of a percent, X.XX%.)
Question Help The comparative income state (Click the icon to view the Data Table Requirement 1. Prepare a comparative c dth of a percent, X.XX%.) Sensible Music Co. Comparative Income Statements Years Ended December 31, 2018 and 2017 Comparati Years E 2018 2017 $ Total revenue 852,000 $ 912,000 Total revenue $ 402,000 $ 408,000 Expenses: Cost of goods sold Selling and general expenses Interest expense 232,000 Expenses: Cost of goods sold Selling and general ex Interest expense 264,000 9,200 83,000 10,500 84,000 Income tax expense 726,200 Income tax expense Total expenses 766,500 $ 125,800 $ 145,500 Total expenses Net income Net income Print Done Enter any number in the edit ? Question Help The comparative income statement of Sensible Music Co. for the years ended December 31, 2018 and 2017 is as follows: B (Click the icon to view the comparative income statement.) Requirement 1. Prepare a comparative common-size income statement for Sensible Music Co. (Round your answers to one-hundredth of a percent, X.XX%.) Sensible Music Co. Comparative Common-Size Income Statements Years Ended December 31, 2018 and 2017 2018 2017 Total revenue % % Expenses: Cost of goods sold Selling and general expenses % % % % Interest expense % % Income tax expense % % Total expenses % % Net income % % Enter any number in the edit fields and then continue to the next
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