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Restate the following income statements for doing a Common Size comparison: Mega Corporation My Small Company Sales 7,000,000 80,000 Costs 5,000,000 50,000 Gross Margin 2,000,000
Restate the following income statements for doing a Common Size comparison:
Mega Corporation My Small Company
Sales 7,000,000 80,000
Costs 5,000,000 50,000
Gross Margin 2,000,000 30,000
Depreciation 200,000 15,000
EBIT 1,800,000 15,000
Taxes 630,000 5,000
Net Income 1,170,000 10,000
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