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Solomon Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Solomon Corporation's income statement components between the
Solomon Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Solomon 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. e. 234 should be entered as 23.4.) Percentage Change Sales Cost of goods sold Grossman Operating expensere Income before Income Netcomes SOLOMON CORPORATION Income Statement Years Year 2 5 1.297,000 $1.002.000 797,655 601200 499,345 400 800 303,500 197.500 195,845 200 300 61,500 53000 5134.253 150.300
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