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Top manapers of Giligan Products, inc, have asked you to compare the compary/s profit performance and francial positon with the average for the industy. The

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Top manapers of Giligan Products, inc, have asked you to compare the compary/s profit performance and francial positon with the average for the industy. The company/s accountant has given you the busines's income statement, balance sheet, and industry dats: (Cick the icon to view the income statement) (Click the icon to view the balance sheed.) Read the tegirements Requirement 1. Prepare a common-size income stalement and balance sheet for Gaigan Products. The frst column of each statement should presert the company's common-size statement, and the second column should show the industry averages. (Round the porcontages to the nearest one-tenth percent, X. . Do not enter the % sign in any of the input fidids.) Start by preparing a common-size income stalement for Gilgan Products, inc Data table Top managers of Gugan Products, Inc, have asked you to compare the company's proft performance and financal positon weth the average for the industy. The companys accountart has given you the business's income statement, balance sheet, and industry doata: (Cick the icon to view the income statement) (Cick the loon to view the balance sheot) Read the reguirements: Requirement 1. Prepare a common-size income stalement and balance sheet lor Giligan Products. The first column of each statoment ahould present the company's common-size statement, and the second column should show the industry averages. (Round the percentages to the nearest one-tenth peccont, X. x. Do not enter the \% sign in any of the input felds.) Start by preparing a common-siue income statement for Giligan Products, Inc. Data table

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