Question

Refer to the data presented for Mariner Designs, Inc. in Exercise E15-15.


Requirements
1. Prepare a comparative common-size income statement for Mariner Designs, Inc. using the 2015 and 2014 data. Round percentages to one-tenth percent (three decimal places).
2. To an investor, how does 2015 compare with 2014? Explain yourreasoning.


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  • CreatedJanuary 16, 2015
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