Question: Emazon Inc reported the following operating results for two consecutive years. 2018 Sales Cost of Goods Sold Gross Margin Amount 10,000,000 7.250,000 2,750,000 1,450,000 ses
Emazon Inc reported the following operating results for two consecutive years. 2018 Sales Cost of Goods Sold Gross Margin Amount 10,000,000 7.250,000 2,750,000 1,450,000 ses Income Before Taxes Income Taxes Net Income 364,000 936,000 Amount 2019 Sales Cost of Goods Sold Gross Margin Operating Expenses Income Before Taxes Income Taxes Net Income 12,500,000 8,500,000 4,000,000 1,750,000 2,250,000 720,000 1,530,000 REQUIRED Express each income statement component for each of the two years as a percent of sales. in a single chart
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