Question: E Lumpeleu su lol. Il does not indicate com Exercise 13-4 Common-size percent computation and interpretation LO P2 Express the following comparative income statements in

E Lumpeleu su lol. Il does not indicate com Exercise 13-4

E Lumpeleu su lol. Il does not indicate com Exercise 13-4 Common-size percent computation and interpretation LO P2 Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.) Answer is not complete. GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31, 2017 and 2016 2017 2016 % $ Sales $725.000 100.0 630.000 100.0 Cost of goods sold 568.100 782 284.400 Gross profit 156, 900 285 345.600 Operating expenses 128.000 17. 7 2 43 200 Net income $ 28,900 440 102 400 $ 1000 e to search

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