ethics assignment question 2

ethics question 2

2 2.14 Skipped -Book Him Print Express the following comparative Income statements in common-size percents. Using the common size percents, which mem is most responsible for the decline in net income? Complete this question by entering your answers in the tales below. Income Statement Reason for Decline in Net Income Express the following comparative income statements in common size percents (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative become Statements For Years Ended December 31 Current Year Prior Year Saws Cost of goods sold Gross profe Operating sidan Net income Reason for Decline in Het Income > S $795.000 502 700 212.300 120.000 $104.300 3600.000 214.400 295,000 241,000 $144,000 2 214 points Swoped look B Hirt Print References Express the following comparative Income statements in common-size percents. Using the common-size percents, which item is most responsible for the decline in net income? Complete this question by entering your answers in the tabs below. Income Reason for Decline in Net Statement Income Using the common-size percents, which item is most responsible for the decline in net income? Using the common-size percents, which tam is most responsible for the decline in net income? 2:14 points Fint References $680.000 284.400 395.000 261.000 $144.000 2 Express the following comparative Income statements in common-size percents. Using the common-size percents, which item is most responsible for the decline in net income? Complete this question by entering your answers in the tabs below. Skipped Income Statement Reason for Decline in Net Income Using the common-size percents, which item is most responsible for the decline in net income? Using the common-size percents, which item is most responsible for the decline in net income?