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

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

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