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X E12-15A (similar to) Question Help Below is the comparative income statement data for C. Gabel, Inc. Prepare a comparative common-size income statement for C.
X E12-15A (similar to) Question Help Below is the comparative income statement data for C. Gabel, Inc. Prepare a comparative common-size income statement for C. Gabel, Inc. Round percentages to the nearest tenth of a percent, X.X%. (Click the icon to view the comparative income statement.) Data Table C. Gabel, Inc. Common-Size Income Statement Years Ended December 31, 2018 and 2017 2018 (%) 2017 (%) C. Gabel, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 100.0 % 100.0 % Revenue 2018 2017 $ 485,000 $ 458,800 % % % Revenue Expenses: Cost of goods sold Selling and general expenses Interest expense Income tax expense % 237,000 % 244,000 Expenses: : Cost of goods sold Selling and general expenses Interest expense 114,800 % % 118,8001 10,000 47,700 Total expenses % % 1,500 47,000 Income tax expense Net income % % Total expenses 420,5001 400,300 $ 64,500 $ 64,500 $ 58,500 Net income Print Done Enter any number in the edit fields and then click Check Answer. ? All parts showing Clear All Check
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