Common - size and trend percent's for Roxi Company's sales, cost of goods sold, and expenses follow.
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Commonsize and trend percent's for Roxi Company's sales, cost of goods sold, and expenses follow.
CommonSize Percent's Trend Percent's
Current Year Year Ago Years Ago Current Year Year Ago Years Ago
Sales
Cost of goods sold
Operating expenses
Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this threeyear period?
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