Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size...
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Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents Current Year 1 Year Ago 2 Years Sales 100.0% 100.0% Ago 100.0% Current Year 104.5% 2 Years 1 Year Ago Ago 103.3% 100.0% Cost of goods sold 63.4 61.2 56.4 117.5 112.1 100.0 Operating expenses 14.3 13.8 14.1 106.1 101.1 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-y period? Complete this question by entering your answers in the tabs below. Change in Net Income Net Income Did the net income increase, decrease, or remain unchanged in this three-year period? Did the net income increase, decrease, or remain unchanged in this three-year period? Prev 3 of 19 Next > Travel Agent vendors Financial Statement Analysis Assig... Saved Year Ago Year Ago Sales Cost of goods sold Operating expenses 63.4 14.3 100.0% 100.0% 61.2 100.0% 104.5% 103.3% 13.8 56.4 14.1 117.5 106.1 112.1 101.1 100.0% 100.0 100.0 Help Save & Exit Check m Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. 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.) Sales Cost of Goods Sold Operating Expenses Net Income Current Year 1 Year Ago 2 Years Ago $ 100,000 56,400 14,100 $ 29,500 < Change in Net Income Net income > Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents Current Year 1 Year Ago 2 Years Sales 100.0% 100.0% Ago 100.0% Current Year 104.5% 2 Years 1 Year Ago Ago 103.3% 100.0% Cost of goods sold 63.4 61.2 56.4 117.5 112.1 100.0 Operating expenses 14.3 13.8 14.1 106.1 101.1 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-y period? Complete this question by entering your answers in the tabs below. Change in Net Income Net Income Did the net income increase, decrease, or remain unchanged in this three-year period? Did the net income increase, decrease, or remain unchanged in this three-year period? Prev 3 of 19 Next > Travel Agent vendors Financial Statement Analysis Assig... Saved Year Ago Year Ago Sales Cost of goods sold Operating expenses 63.4 14.3 100.0% 100.0% 61.2 100.0% 104.5% 103.3% 13.8 56.4 14.1 117.5 106.1 112.1 101.1 100.0% 100.0 100.0 Help Save & Exit Check m Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. 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.) Sales Cost of Goods Sold Operating Expenses Net Income Current Year 1 Year Ago 2 Years Ago $ 100,000 56,400 14,100 $ 29,500 < Change in Net Income Net income >
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