Question

Revenue and expense data for the current calendar year for Bull Run Company and for the electronics industry are as follows. The Bull Run Company data are expressed in dollars. The electronics industry averages are expressed in percentages.


a. Prepare a common-sized income statement comparing the results of operations for Bull Run Company with the industry average. Round to one decimal place.
b. As far as the data permit, comment on significant relationships revealed by thecomparisons.


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  • CreatedFebruary 28, 2014
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