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Check my work Exercise 13-5 Determining income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Rustynail Company's sales, cost
Check my work Exercise 13-5 Determining income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. 1.11 points Sales Cost of goods sold Total expenses Common-Size Percents Current Yr 1 Yr Ago 2 Yrs Ago 100.0% 100.0% 100.0% 63.6 61.4 57.9 14.4 13.9 14.2 Trend Percents Current Yr 1 Yr Ago 2 Yrs Ago 105.1% 103.9% 100.0% 115.4 110.2 100.0 106.7 101.7 100.0 eBook Hint Print Determine the net income for the following years. Did the net Income increase, decrease, or remain unchanged in this three-year period? Reterences Complete this question by entering your answers in the tabs below. Net Income Change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Current Yr 1 Yr Ago Sales Cost of Goods Sold Total Expenses 2 Yrs Ago S 100,000 57,900 14,200 $ 27,900 Net Income
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