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Quiz Saved Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Current Ye Sales Cost of goods sold
Quiz Saved Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Current Ye Sales Cost of goods sold 100.0% 63.1 Common-Size Percents 1 Ye Ago 100.0% 60.9 2 Yes Ago 100.0% 56.1 Current Yr Trend Percents 1 Ye Ago 2 Yrs Ago 104.9% 103.7% 118.0 112.6 100.0% 100.0 Total expenses 14.4 13.9 14.2 106.5 101.5 100.0 Determine the net iricome for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Net Income Change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Sales Cost of Goods Sold Total Expenses Net Income Current Yr 1 Yr Ago 2 Yrs Ago $ 100,000 63,100 60,900 56,100 14.400 13,900 14,200 $ (77,500) $ (74,800) $ 29,700 Net Income Change in Net Income >
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