TB Problem Qu$.13-176($Algo$)$ Common$-$size percents $-$ Income statement

Compute common$-$size percents for the following comparative income statements spanning $2$ years.

Comprative Incone statentents

For Years Lruded Decenber $31$

Sales

Cost of goods sold

Gross prutit

ogerating experises

Net incone

$\backslash$table$[[$Comparative lneome starements$],[,$For Years Ended Decenbenth$],[,$Cumertyear,,,$],[,,$S$,$present,,,$],[$Selles$,5,1\mathrm{.}239\mathrm{.}000,,5,19$semon,$],[$Costor goods sold,,$7$eg$\mathrm{.}5$c$0,,,,],[$Gress profit,,$430,500,,,281\mathrm{.}100,],[$Operating expenses,,$307,500,,,257200,],[$Netimopme$,5,123,000,,5,11620,19\mathrm{.}1\mathrm{.}1\mathrm{.}1.]]$