Question: A comparative income statement is given below for McKenzie Sales, Ltd . , of Toronto: Members of the company's board of directors are surprised to
A comparative income statement is given below for McKenzie Sales, Ltd of Toronto:
Members of the company's board of directors are surprised to see that net income
increased by only $ when sales increased by $
Required:
Express each year's income statement in commonsize percentages. Round your
percentage answers to decimal place ie should be entered as
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