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The following information appiles to tne questions dispiayeo below. The following Information is taken from the nanclal statements of a company for the current year

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The following information appiles to tne questions dispiayeo below. The following Information is taken from the nanclal statements of a company for the current year Current assets Total assets Cost of good sold Gross Profit Net income $403.000 098,000 658,000 20B,000 128,000 49. Required information On a common size Income statement Tor the year, what Is the percentage that would be shown next to the dollar amount of sales revenue? o 15% 100% o 62% OCannot be determined

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