Question: Homework: Financial Statement Analysis Assignment 0 Saved Commonsize and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. EamonSize Percents Trend

Homework: Financial Statement Analysis Assignment 0 Saved Commonsize and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. EamonSize Percents Trend Percents 2 Current 2 Years Current 2 Years points Year 1 Year Ago Ago Year 1 Year Ago Ago Sales 199.9% 199.9% 199.9% 195.2% 194.9% 199.9% Cost of goods sold 63.? 61.5 56.5 118.5 113.2 199.9 Operating expenses 14.4 13.9 14.2 186.8 181.8 188.0 ego\" Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this threeyear period? Hint Complete this question by entering your answers in the tabs below. prim Change in Net Income Net Income IE Determine the net income for the following years. Assuming sales were $100,000 2 yrs ago, what is net income in each year? Raferences (Enter all amounts as positive values.) 100:000 Cost of Goods Sold Operating Expenses $ 29500

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