Chrome e Edit View History Bookmarks Profiles Tab Window Help Q Mon Nov 7 6:24 PM O O Content X Question 4 - Ch. 17 Assignmen X Accounting Class 2 Test 3 Flas X Course Hero X G what is the numerator for 653, C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fonline.pmi.edu%252Fwebapps%252Fbla... Update : Ch. 17 Assignment i Saved Help Save & Exit Submit Check my work 4 Exercise 17-4 (Algo) Computing and interpreting common-size percents LO P2 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? 1.08 points Complete this question by entering your answers in the tabs below. eBook Income Reason for Hint Statement Decline in Net Income Print Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 References decimal place. GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year $ Current Year % Prior Year $ Prior Year % Sales $ 750,000 $ 685,000 Cost of goods sold 568, 100 291,000 Gross profit 181,900 $94,000 Operating expenses 128,000 249,200 Net income $ 53,900 $ 144,800 Income Statement Reason for Decline in Net Income > Mc Graw Hill 6,829 itv A GChrome e Edit View History Bookmarks Profiles Tab Window Help Q Mon Nov 7 6:24 PM O O Content X Question 4 - Ch. 17 Assignmen X Accounting Class 2 Test 3 Flas X Course Hero X G what is the numerator for 653, C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fonline.pmi.edu%252Fwebapps%252Fbla... Update : Ch. 17 Assignment i Saved Help Save & Exit Submit Check my work 4 Exercise 17-4 (Algo) Computing and interpreting common-size percents LO P2 1.08 Express the following comparative income statements in common-size percents. Using the common-size percents, which item is most points responsible for the decline in net income? eBook Complete this question by entering your answers in the tabs below. Hint Income Reason for Print Statement Decline in Net Income References Using the common-size percents, which item is most responsible for the decline in net income? Using the common-size percents, which item is most responsible for the decline in net income? Hill 6,829 itv 4 G