Question: PLEASE HELP Exercise 17-4 Common-size percent computation and interpretation LO P2 Express the following comparative Income statements in common-size percents (Round your percentage answers to

PLEASE HELP

Exercise 17-4 Common-size percent computation and interpretation LO P2 Express the following comparative Income statements in common-size percents (Round your percentage answers to 1 place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31, 2017 and 2016 2017 2016 Salos Cost of goods sold Gross profit Operating expenses Not incomo $ 780,000 565 400 214,600 129,200 $ 85,400 S 665,000 286,600 378,400 246,800 $ 131,600 Has the company's situation improved in the most recent year? Yes O NO

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