Chapter 13 Assignment 6 S Express the following comparative income statements in common size percents. Using the common-size percents, which item is most responsible for the decline in net income? po Complete this question by entering your answers in the tabs below. H References Income Statement Reason for Decline in Not Income Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year & Current Year Prior Year S Prior Year % Sales $ 740 000 670,000 Cost of goods sold 568 100 295,400 Cross proft 171.900 374,000 Operating expenses 129,200 250,000 Not income S 42.700 $ 114.000 Reason for Decline in Net income > Help Save & Exit Check my wo