Question 26 Comparative statements for Kool Corporation are shown below: Kool Corporation Comparative Income Statements For the Years Ended 12/31 2009 2008 2007 Sales 14,800 13,229 13,994 Cost of Goods Sold 8.225 8.661 8.375 Gross Profit 6,575 4,568 5,619 Operating Expenses 3.664 3.576 3,487 Operating Income $2.911 $ 992 $2.132 Required: Calculate trend percentages for all income statement amounts in the chart provided below (FIND PERCENTS FOR AN BOXES). Use 2007 as the base year and round to two (2) decimal places. You must show your work to receive any credit Kool Corporation Comparative Income Statements For the Years Ended December 31 2009 2008 2007 Sales 100% Cost of Goods Sold 100% Gross Pront 100% Operating Expenses 100%