The Statement of Comprehensive Income of PRINCESS Merchandising for three years ending December 31, 2016, 2017,...

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The Statement of Comprehensive Income of PRINCESS Merchandising for three years ending December 31, 2016, 2017, 2018 are presented as follows: Prepare a trend percentage Statement of Comprehensive Income. 2016 2017 2018 Net Sales 450 000 585 000 690 000 Cost of Sales 283 500 321 750 337 500 Gross Profit 166 500 263 250 352 500 Operating Expenses Marketing Expenses 40 500 75 750 99 000 General Administrative 56 250 39 000 60 000 Net Income 69 750 148 500 193 500 2016 2017 2018 Net Sales 100 Cost of Sales 100 Gross Profit 100 Operating Expenses Marketing Expenses 100 100 General Administrative 100 Net Income 100 The Statement of Comprehensive Income of PRINCESS Merchandising for three years ending December 31, 2016, 2017, 2018 are presented as follows: Prepare a trend percentage Statement of Comprehensive Income. 2016 2017 2018 Net Sales 450 000 585 000 690 000 Cost of Sales 283 500 321 750 337 500 Gross Profit 166 500 263 250 352 500 Operating Expenses Marketing Expenses 40 500 75 750 99 000 General Administrative 56 250 39 000 60 000 Net Income 69 750 148 500 193 500 2016 2017 2018 Net Sales 100 Cost of Sales 100 Gross Profit 100 Operating Expenses Marketing Expenses 100 100 General Administrative 100 Net Income 100

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