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The comparative financial statements for Prince Company are below. Required: 1. Complete the following columns for each item in the preceding comparative financial statements: (Enter

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The comparative financial statements for Prince Company are below. Required: 1. Complete the following columns for each item in the preceding comparative financial statements: (Enter your answer as a percentage rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34 ). Decreases should be indicated by a minus sign.) ( Required information \begin{tabular}{|l|l|l|} \hline & \multicolumn{1}{|c|}{ from Year 1 to Year 2} \\ \hline Sales revenue & \multicolumn{2}{|c|}{ Percent } \\ \hline Cost of goods sold & & % \\ \hline Gross profit & & % \\ \hline Operating expenses and interest expense & & % \\ \hline Pretax income & & % \\ \hline Income tax & & % \\ \hline Net income & & % \\ \hline \end{tabular}

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