Data Table Rou Micatin Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 430,000 $375,750 Expenses Cost of Goods Sold 187,550 200,250 97,450 7,000 Selling and Administrative Expenses Other Expenses 92,750 6,000 Total Expenses 304,700 286,300 S Net Income 125,300 $ 89,450 Print Done as and then click Check Answer Requirements 1. Prepare a comparative common-size income statement for Micatin Designs, Inc. using the 2024 and 2023 data. Round percentages to one-tenth percent. 2. To an investor, how does 2024 compare with 2023? Explain your reasoning. Print Done Save Week 3 Chapter F:17 WOT Part 1 of 2 Score: 1.01 of 3 Help ata for Micutin Designs, Inc. follow Click the icon to view the data) Read thivee Cet auto Requirement 1 Prepare a comparative common size Income statement for Micatin Designs, Inc using the 2024 and 2023 data Round percentages to one-tenth percen (Round the percentages to one-tenth percent. XX Enter the percentages without the For example, enter 11 as 11) Micatin Designs, Inc Common Sure Income Statement Years Ended December 31, 2024 and 2023 2024 20234 Net Sales Revenge Expenses Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses Nutcome Enter any number the edities and then click Check Answer Clear All Check Ani Get More Help Tutoring Help Me Solve This This courses on Nestions Accounting TC 2021 Pearson Education int. Alle o YOTE