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Year to Year Comparisons Solution Only in Percent (% to one decimal) Common Size Income Statement (Partial) Revenue: 2020 _____ % 2019 _____% Cost of

Year to Year Comparisons

Solution Only in Percent (% to one decimal)

Common Size Income Statement (Partial)

Revenue: 2020 _____ % 2019 _____%

Cost of Revenue: 2020 _____ % 2019 _____%

Marketing and Sales: 2020 _____ % 2019 _____%

Net Income: 2020 _____ % 2019 _____%

In about 3 sentences explain why Marketing and Sales Expense changed from 2019 to 2020.

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