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Business, 21.02.2020 00:59 hannahpalmario

Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Prior Year $ % $ % Sales $785,000 $640,000 Cost of goods sold 568,100 288,800 Gross profit 216,900 351,200 Operating expenses 130,400 221,600 Net income $86,500 $129,600

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Express the following comparative income statements in common-size percents. (Round your percentage...

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