Answer Happy

Common-Size Percents Trend Percents Current Yr 1 Yr Ago Current Yr 1 Yr Ago 2 Yrs Ago 100.0% 100.0% 100.0% 105.1% Sales Cost of goods sold 103.9% 111.3 2 Yrs Ago 100.0% 100.0 63.5 61.3 57.2 116.7 Total expenses 14.4 13.9 14.2 106.7 101.7 100.0 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. (Enter all amounts as positive values.) Current Yr 1 Yr Ago 2 Yrs Ago Sales Cost of Goods Sold Total Expenses Net Income $ $ 100,000 57,200 14,200 28,600
Common-size and trend percents for Rustynail Company's sales, cost of good sold, and expenses follow.