prepare a common size balance sheet for thr current uewrs balance sheet and a common size income statement for the current years income statement

use excel.

48 Transportation Balance Sheet Liabilities and Equity Assels % Current assets Cash Receivables (net) Inventory Other current assets Total current assets 4.97 1195 4.73 3.30 24.95 Current liabilities Accounts payable Notes payable Other current liabilities Total current liabilities 1 93 6.89 1744 26 26 Long term liabilities 44.15 Long term assets Nel fixed assets Other assets Long term assets Total liabilities 7041 60.78 1427 75 05 Stockholders' equity Total all equities 29.59 Total assets 100.00 Total liabilities and equities 0.00 Income Statement % 100.00 3125 68.75 Sales Cost of goods sold Gross Margin Operating expenses Salaries and wagos Rents Licenses and other taxes Advertising Repairs Bad debts Selling and miscellaneous Depreciation Operating income Interest income Other income EBIT Interest expense Income before taxes Income tax expense let income 2467 3.98 298 0.35 354 009 20 56 3.50 8.94 0.10 268 1170 1417 1053 2.40 8.13