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 $ when sales increased by $
Required:
Express each year's income statement in commonsize percentages.
Note: Round your percentage answers to decimal place Le shoutd be entered as
tableThis Year,,Last YearSalesCost of goods sold,,
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