7.pts Compute "Common Size Statement" for Financial Statement data, enter answers in right column Income Statement COMPUTE COMMON SIZE STATEMENT BELOW Revenue 280 Cost of goods 195 GROSS PROFIT 85 Sell + Admin Exps Depreciation Exps EBIT Interest Expense Income before Tax Income Tax NET INCOME 30 5 50 4 46 16 30 BALANCE SHEET Cash Accts Receivable Inventory Tot Current Assets Plant & Equipment Total Assets 60 80 250 390 400 790 Current Liabilities Long Term Debt 200 300 nevenue Cost of goods GROSS PROFIT 280 195 85 Sell + Admin Exps Depreciation Exps EBIT Interest Expense Income before Tax Income Tax NET INCOME 30 5 50 4 46 16 30 BALANCE SHEET Cash Accts Receivable Inventory Tot Current Assets Plant & Equipment Total Assets 60 80 250 390 400 790 Current Liabilities Long Term Debt Total Liabilities Shareholder Equity TOT, LIABS + EQUITY 200 300 500 290 790