Question: Consolidated income statements for Karofsky Computer follow Required 1 Prepare common

Consolidated income statements for Karofsky Computer follow.

Required:
1. Prepare common size income statements for horizontal analysis (in percentage terms, rounded to two decimal places). You do not need to include the actual dollar amounts shown above.
2. Explain why net income decreased in 2010 and increased in 2011.

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  • CreatedSeptember 22, 2015
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