Question: I need help please Exercise 13-4 Common-size percent computation and interpretation LO P2 Express the following comparative income statements in common-size percents. (Round your percentage

I need help please

I need help please Exercise 13-4 Common-size percent computation and interpretation LO

Exercise 13-4 Common-size percent computation and interpretation LO P2 Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31, 2015 and 2014 2015 2014 $ % $ Sales $ 795,000 $ 640,000 Cost of goods sold 570,800 293,2007 Gross profit 224,200 346,800 Operating expenses 128,000 250,400 Net income $ 96,200 $ 96,400

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