Refer to the income Statement data given in Exercise E12-3A

The date given in Exercise E12-3A

E12-4A. Common-Size Income Statements Refer to the income statement data given in Exercise E12-3A.1 Prepare common-size income statements for each year. b. Compare the common-size income statements and comment briefly. a. E12-3A. Comparative Income Statements Consider the following income statement data from the Ross Company: Sales revenue... Cost of goods sold Selling expenses Administrative expenses. Income tax expense. 2020 2019 $550,000 $450,000 336,000 279,000 105,000 99,000 60,000 50,000 7,800 5,400