Question: Showing ALL work on Excel: Construct a common size income statement and common size balance sheet for 2018. MOLINARI GOLF CORP 2018 Income Statement Sales

Showing ALL work on Excel: Construct a common size income statement and common size balance sheet for 2018.

Showing ALL work on Excel: Construct a common size income statement and common size balance sheet for 2018. MOLINARI GOLF CORP 2018 Income Statement

MOLINARI GOLF CORP 2018 Income Statement Sales COGS Depreciation S506,454 S359,328 $ 44,463 Earnings before imterest and taxes $102663 Interest paid Taxable income Taxes (25%) $19,683 S82,980 $20,745 Dividends S25,000 Retained earnings S37,235

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