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Saved Help Exercise 1 4 - 1 ( Algo ) Common - Size Income Statement [ LO 1 4 - 1 ] 1 . 6

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Exercise 14-1(Algo) Common-Size Income Statement [LO14-1]
1.66
A comparative income statement is given below for McKenzie Sales, Limited, of Toronto:
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\table[[\table[[McKenzie Sales, Limited],[Comparative Income Statement]]],[Sales,This Year,Last Year],[Cost of goods sold,$7,340,000,$5,578,400
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