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  3. 3. mariner designs, inc. has the following data: p

3. Mariner Designs, Inc. has the following data: Paper size Letter View the data. 1...

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Accounting

imageimage 3. Mariner Designs, Inc. has the following data: Paper size Letter View the data. 1 Requirements 1. Prepare a comparative common-size income statement for Mariner Designs, Inc. using the 2025 and 2024 data. Round percentages to one-tenth percent. 2. To an investor, how does 2025 compare with 2024 ? Explain your reasoning. Requirement 2. To an investor, how does 2025 compare with 2024? Explain your reasoning. An investor would be (1) with 2025 in comparison with 2024. Cost of goods sold and selling and general expensesthe two largest expensesconsumed (2) percentages of net revenue in 2025 and net income represents a (3) percentage of revenues. Overall, profits are (4) Requirement 2. To an investor, how does 2025 compare with 2024? Explain your reasoning. An investor would be (1) with 2025 in comparison with 2024. Cost of goods sold and selling and general expensesthe two largest expensesconsumed (2) income represents a (3) percentage of revenues. Overall, profits are (4)

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