Question: Prepare a comparative common-size income statement for McCormick Music Ltd., rounding percentages to one-tenth percent E (Click the icon to review data from the comparative


Prepare a comparative common-size income statement for McCormick Music Ltd., rounding percentages to one-tenth percent E (Click the icon to review data from the comparative income statement.) (Enter the percentage changes as a percent, rounded to one decimal place, X.X%.) McCormick Music Ltd. Comparative Common-Size Income Statement For the Years Ended December 31, 2020 and 2019 2020 % of total 2019 % of total % 9 Total revenue Expenses: % % Cost of goods sold % % Selling and general expenses % % Interest expense % % Income tax expense % % Total expenses % Net income
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