Question: Please help me, thanks! A comparative income statement is given below for McKenzie Sales, Limited, of Toronto: Members of the company's board of directors are

Please help me, thanks! A comparative income statement is given below for McKenzie Sales, Limited, of Toronto: Members of the company's board of

Please help me, thanks!

A comparative income statement is given below for McKenzie Sales, Limited, of Toronto: Members of the company's board of directors are surprised to see that net income increased by only $157,800 when sales increased by $1,768,800. Required: 1. Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)

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