Business, 23.06.2020 19:01 kyandrewilliams1

Common-size and trend percents for a Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents Current Yr 1 Yr Ago 2 Yrs Ago Current Yr 1 Yr Ago 2 Yrs Ago Sales 100.0 % 100.0 % 100.0 % 104.6 % 103.4 % 100.0 % Cost of goods sold 63.3 61.1 56.6 117.0 111.6 100.0 Total expenses 14.3 13.8 14.1 106.2 101.2 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-

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Common-size and trend percents for a Company's sales, cost of goods sold, and expenses follow. Commo...

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