Question: Using the data from the previous problem: a. Create a common-size income statement for 2015 and 2016. This statement should be created on a separate

Using the data from the previous problem:

a. Create a common-size income statement for 2015 and 2016. This statement should be created on a separate worksheet with all formulas linked directly to the income statement.

b. Create a common-size balance sheet for 2015 and 2016. This statement should be created on a separate worksheet with all formulas linked directly to the balance sheet.

c. Create a common-size statement of cash flows for 2016 that can be switched between using sales and the 2015 cash balance in the denominator.

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