common size statement analysis.A common size income statement for Creek Enterprise 2021,2022 income statement. wich areas require further investigation.

Provide your evaluation based on the common-size income statements: (Select all the choices that apply.) A. Sales have declined and cost of goods sold has increased as a percentage of sales, probably due to a loss of productive effic B. Selling expense has increased due to the increase in cost of goods sold. C. Operating expenses have decreased as a percentage of sales; this appears favorable unless this decline has contributed towa D. The level of interest as a percentage of sales has increased significantly; this suggests that the firm has too much debt. Provide your evaluation based on the common-size income statements: (Select all the choices that apply.) A. Sales have declined and cost of goods sold has increased as a percentage of sales, probably due to a loss of productive effic B. Selling expense has increased due to the increase in cost of goods sold. C. Operating expenses have decreased as a percentage of sales; this appears favorable unless this decline has contributed towa D. The level of interest as a percentage of sales has increased significantly; this suggests that the firm has too much debt