Question: Brief Exercise 15-13 Preparing Common-Size Income Statements by Using Base Period Horizontal Analysis Refer to the information for Scherer Company above. Required: Prepare common-size income

Brief Exercise 15-13 Preparing Common-Size Income Statements by Using Base Period Horizontal Analysis Refer to the information for Scherer Company above.

Required:

Prepare common-size income statements by using Year 1 as the base period. (Note: Round answers to the nearest whole percentage.)

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