How do I prepare a common-size income statement for each year?

Common-Size Income Statements Consider the following income statement data from the Ross Company: 2016 2015 Sales revenue $550,000 $450,000 Cost of goods sold 336,000 279,000 Selling expenses 105,000 99,000 Administrative expenses 60,000 50,000 Income tax expense 7,800 5,400 a. Prepare common-size income statements for each year. Note: Round answers to one decimal place (ex: 0.2345 = 23.5%). ROSS COMPANY Common-Size Income Statements (Percent of Sales Revenue) 2016 2015 Sales Revenue 0 96 Cost of Goods Sold 0 % 0 % 0 % 0 96 Selling Expenses 0 % 0 96 Administrative Expenses 0 96 Tota 0 % Income before Income Taxes 09% 0 96 0 96 0 96 0 96