Create a side by side common size income statement for Cam Bowls Soup Company for 2015 &
Question:
Create a side by side common size income statement for Cam Bowls Soup Company for 2015 & 2016.
2015 2016
COGS 3,134,040 3,745,560
Corporate income tax 142,187 656,160
Depreciation Exp 35,672 49,049
Facilities Exp 112,112 123,578
Interest Exp 78,478 89,180
Legal Exp 443,352 312,130
Net Sales $5,096,000 $6,370,000
Wages & Payroll Exp 723,600 1,095,640
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward