Question: Problem #2 Common-Size Statement of Comprehensive Income Required: Convert the following statement of comprehensive inc'ome into a comm statement: Net Sales P180,000 Cost of Goods

Problem #2 Common-Size Statement of Comprehensive Income Required: Convert the following statement of comprehensive inc'ome into a comm statement: Net Sales P180,000 Cost of Goods Sold 99,000 Gross Prot P 81,000 Operating Expenses: Distribution Costs P43,200 General and Administrative Expenses 16,200 59,400 Prot before Income Taxes ' P 21,600 Provision for Income Taxes 7,560 Prot P 14,040

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