Question: complete a common size income statement, a common size balance sheet, and a statement of cash flow for 2018 Lommon-sized income statement Sales Cost of




Lommon-sized income statement Sales Cost of goods sold Gross profit Selling, general, Operating income Interest expense Net income before taxes Taxes (40\%) Net income a. How much is the firm's net working capital and what is the debt ratio? The net working capital is S (Round to the nearest dollar.) The debt ratio is \%. (Round to one decimal place.) b. Complete a common-sized income statement, a common-sized balance sheet, and a statement of cash flows for 2018. Complete the common-sized income statement: (Round to one decimal place.) Knapp Inc. Balance Sheet at 1/31/2017 and 1/31/2018 Accounts payable Current liabilities Bonds Owners' equity Common stock Retained earning al owners' equity Total liabilities and owners' equity Data table
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