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Sundahl Company's income statements for the past 2 years are as follows: Refer to the list below for the exact wording of an account title
Sundahl Company's income statements for the past 2 years are as follows: Refer to the list below for the exact wording of an account title within your income statement. Required: Prepare a common-size income statement for Year 2 by expressing each line item for Year 2 as a percentage of that same Ine item from Year 1. Common-Size Income Statement Prepare a common-size income statement for Year 2 by expressing each line item for Year 2 as a percentage of that same line item from Year 1. (Note: Enter all expenses as positive numbers. Enter net loss as a negative number, if appicable. Round answers to the nearest tenth of a percent. Reter to the Labels and Amount Descriptions Iist provided for the exact wording of the answer choices for text entries.)
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