Question: Looking to solve the common-size percents for the the current and prior year, listed in the attached chart. Express the following comparative income statements in

Looking to solve the common-size percents for the the current and prior year, listed in the attached chart.

Express the following comparative income statements in common-size percents. ( Round your percentage decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Prior Year S Sales $ 760.000 $ 680.000 Cost of goods sold 562.700 293.200 Gross profit 197.300 386.800 Operating expenses 128.000 218.000 Net income 69.300 $ 168 800

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