Chrome e Edit View History Bookmarks Profiles Tab Window Help Q Mon Nov 7 9:40 PM O O Content X Question 5 - Ch. 17 Assignmen X Accounting Class 2 Test 3 Flas X Course Hero X + - > 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 5 Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents Current 1 Year 2 Years Current 1 Year 2 Years 801 Year Ago Ago Year Ago Ago points Sales 100 . 08 100 . 08 100 .08 105 .08 103.8% 100 .08 Cost of goods sold 63.7 61.5 57 .8 115.7 110 . 4 100 .0 Operating expenses 14 . 4 13.9 14 .2 106.6 101.6 100. 0 eBook Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Hint Print Complete this question by entering your answers in the tabs below. References Change in Net Net Income Income Determine the net income for the following years. Assuming sales were $100,000 2 yrs ago, what is net income in each year? (Enter all amounts as positive values.) Current Year 1 Year Ago 2 Years Ago Sales $ 100,000 Cost of Goods Sold 57,800 Operating Expenses 14,200 Net Income $ 28,000 Mc Graw Hill NOV 6,829 "stv G