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Selected comparative financial statements of Korbin Companv follow 4. Refer to the results from parts 1,2, and 3 . (a) Did cost of goods sold

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Selected comparative financial statements of Korbin Companv follow 4. Refer to the results from parts 1,2, and 3 . (a) Did cost of goods sold make up a greater portion of sales for the most recent year compared to the prior year? No (b) Did income as a percent of sales improve in the most recent year compared to the prior year? Yes No (c) Did plant assets grow over this petiod? Yes No

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