Question: Complete the below table to calculate income statement data in common size percent. (Round your answer to 2 decimal places.) Check my work Selected comparative

Complete the below table to calculate income statement data in common size percent. (Round your answer to 2 decimal places.)

Complete the below table to calculate income statement data in common size

Check my work Selected comparative financial statements of Korbin Company follow: KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2014, 2013, and 2012 2014 2013 2012 Sales $ 419,275 $ 321,199 $222,900 Cost of goods sold 252,404 202,034 142,656 Gross profit 166,871 119,165 80,244 Selling expenses 59,537 44,325 29,423 Administrative expenses 37,735 28,266 18,501 Total expenses 97,272 72,591 47,924 Income before taxes 69,599 46,574 32,320 Income taxes 12,945 9,548 6,561 Net income $ 56,654 $ 37,026 $ 25,759

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