Question: Follow the instructions below. 7 . . TOPIC: Business Statistics: Why bother with Statistics | Interpreting the result's INSTRUCTION: Answer the following. Please, NO PLAGIA.

Follow the instructions below.

7 . . TOPIC: Business Statistics: Why bother with "Statistics" | Interpreting the result's INSTRUCTION: Answer the following. Please, NO PLAGIA. Include the references used in APA. 3) Copy or prepare a sample "Common size" Income Statement (present at least 3 years comparison) (you might want to seek the help of an accountant to explain "common size financial statement) 4) Based on your example above (which is #3 on common size income statement), explain the possible reason/s why at least four (4) account titles showing variances both in horizontal and vertical analysis. a) Net Sales b) Cost of Sales (Cost of Goods Sold) c) Operating Expenses d) Net Income or Net Profit

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