Home Insert Draw Page Layout Formulas Data Review View Tell me X Calibri (Body) 11 ' ' = = v General BY e Paste BIU aA EEE $ % V 86 H4 A B fx To convert to common-size 1/S, use values as percentage of sales D G DEF Corporation Income Statement ($ thousands) E F H 3 To convert to common-size use values as percentage of sales 2018 % $ 3,570 $ 2,350 Sales value should be 106 780 100 $ 6 Sales 7 Cost of goods sold 8 Gross Profit 9 Total Operating Expenses 10 Depreciation 11 EBIT (Earnings before interest & taxes) 12 Interest pald 13 EBT (Earning before taxes - pretax income) 14 Taxes (assume the tax rate is 20%) 15 Net Income (Earnings) 16 Retained earnings 17 Dividends 16 19 Calculate the RR 20 Calculate the POR 150 55 (Hint: RR-RE/NU) (Hint: POR - Dividends/NI) 20 24 25 26 DE COM