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To follow is selected information about the Little Dipper Company for the current year and prior year Account Net sales revenue Cost of goods sold
To follow is selected information about the Little Dipper Company for the current year and prior year Account Net sales revenue Cost of goods sold Gross profit Selling/general expenses Net income before tax Income tax Net income Current $648,000 $414,720 $233,280 $149,040 $84,240 $25,120 $59,120 Prior $595,000 $425,000 $170,000 $93,500 $76,500 $22,800 $53,700 What is the current years net income percentage (as would be found on a vertical analysis of the income statement for the current year)? OA. 70.18% B. 235.35% . 9.12% OD, 10.09%
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