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Very confused thank you Common-stre statement analysis. A common-size income stapement for Creek Enterprises' 2018 operations follows . Using the firm's 2019 income staternent develop

Very confused thank you
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Common-stre statement analysis. A common-size income stapement for Creek Enterprises' 2018 operations follows . Using the firm's 2019 income staternent develop the 201 common-size income statoment and compare it to the 2018 statement. Which areas require further analysis and investigation? Complete the common-size income statement for the year ending Docember 31, 2019 and compare i\& to the common size income statement for the year ending December 2018: (Round to one decimal place.) Provide your evaluation based on the common-5ize income statements: (Soloci al the choices that apply.) A. Saies have doclined and cost of goods soid has increased as a percentage of sales, probably due to a lass of productive efficiency. B. Sering expense has increased due to the incite in cost of goods sold C. The level of interest as a percentage of sales has increased significantly, thes wugests that the fimm has loo much debt. P. Operatirg cxpensed have decreased as a percentage of nefes; this appear favocable uniess thib decine has contrbuted coward the fait in saina E. Further analyais should be d rected at the nceeased cost of goods wold and the high debt level. Data table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Data table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.)

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