Question: A comparative income statement is given below for Mckenzie Sales, Limited, of Toronto: es The company's board of directors is surprised to see net income

A comparative income statement is given below for Mckenzie Sales, Limited, of Toronto:
es The company's board of directors is surprised to see net income increased by only $126,700 when sales increased by $1771200.
Required:
Express each year's income statement in common-size percentages.
Note: Round your percentage answers to 1 decimal place (L.e,0.1234 shoutd be entered as 12.31.
\table[[,This Year,,Last Year],[Sales,,8,,%],[Cost of goods sold,,%,,%
A comparative income statement is given below for

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