Refer to the information for Sundahl Company below. Sundahl Company's income statements for the past 2 years

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Refer to the information for Sundahl Company below.
Sundahl Company's income statements for the past 2 years are as follows:
Refer to the information for Sundahl Company below.
Sundahl Company's income

Required:
Prepare a common-size income statement for Year 2 by expressing each line item for Year 2 as a percentage of that same line item from Year 1.

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Cornerstones of Managerial Accounting

ISBN: 978-1305103962

6th edition

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

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