Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common Size Percents T

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Common Size And Trend Percents For Roxi Company S Sales Cost Of Goods Sold And Expenses Follow Common Size Percents T 1 (31.51 KiB) Viewed 68 times

Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common Size Percents Trend Percents 2 Years Current Year 1 Year Ago 1 Year Ago 100.0% 61.5 Current Year 104.4% 117.1 2 Years Ago 100.0% 100.0 Ago 100.0% 56.8 Sales 100.0% 103.2% 111.7 Cost of goods sold 63.7 Operating expenses 14.3 13.8 14.1 105.9 101.0 100.0 5:34 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Change in Net Net Income Income Determine the net income for the following years. Assuming sales were $100,000 2 yrs ago, what is net income in each year? (Enter all amounts as positive values.) Current Year 1 Year Ago 2 Years Ago Sales S Cost of Goods Sold Operating Expenses Not Income < Change in Net Income $ 100,000 56,800 14,100 29,100