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Rooney Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Rooney Corporation's income statement components between the

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Rooney Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Rooney Corporation's income statement components between the two years. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place, (1.0, 0.234 should be entered as 23.4).) Percentage Change Sales Cost of goods sold Gross margin Operating expenses Income before faxos Income Taxos Net income (los) ROONEY CORPORATION income Statements Year Year 2 5.1.298,000 5 1,001,000 798,270 800,000 499,730 400,400 303,000 199,000 196,730 201.400 61,300 52.500 S 135.430 148.900

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