Revenut and expense data for the current calendar year for Dawg Electronics Company and for the electronics industry are as follows. Dawg Electronics Campany data are expressed in dollars. The electronics industry averages are expressed in percentages. a. Prepare a common-sized income statement comparing the results of operations for Dawg Electronics Company with the industry average. If required, round percentages to one decimal place. 3 more Check My Work uses temaining a. Prepare a common-sized income statement comparing the results of operations for Dawg Electronics Company with the industry average. If required, round percentages to one decimal place. Dawg Electronics Company Common-5ized income Statement b. Which of the following statements is true about Dawg Electronics Compary? Dawg's cost of goods sold is higher than the industry average. The cause of the higher seling expenses as a percent of seies, relative to the indfustry, should be inverigated further. The cause of higher cost of goods sold as a percent of sales, felative to the industry, should be investigated. Dawg's administrative erpenses percentage are higher than the industry average