Prepare a comparative common- size income statement for Enchanted Designs. To an investor, how does 2014 compare
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Enchanted Desiens income Statement For the Years Ended Decombor 31, 2014 and 2013 (amounts in thousands 2014 2013 6 Sales revonues 7 L 8 Gross profit 9 Less: Operating expenses 10 Operating incom 11 Less rmerest expense 12 Income before income takes 13 Less ncome tax oxpense 14 Net income 15 426411371,600 66,600 205,000 95,000 14553 TS 110.000 570 93,430 18 430 ess Cost of goods sold ,76 245,650 5 100 130 180 969
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Evaluating manufacturing processes by designing and conducting research programs; applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; soliciting observations from operators. Developing manufacturing processes by studying product requirements; researching, designing, modifying, and testing manufacturing methods and equipment; conferring with equipment vendors. Keeping equipment operational by coordinating maintenance and repair services; following manufacturer's instructions and established procedures; requesting special service.
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