Question: Exerclse 1 4 - 1 ( Algo ) Common - SIze Income Statement [ LO 1 4 - 1 ] A comparative income statement is
Exerclse Algo CommonSIze Income Statement LO
A comparative income statement is given below for McKenzle Sales, Limited, of Toronto:
Members of the company's board of directors are surprised to see that net Income Increased by only $ when sales increased
by $
Required:
Express each year's income statement in commonsize percentages. Round your percentage answers to decimal place e
should be entered as
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