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8:23 PM Sun Dec 9 Done mathxl.com Arthur Akko 12/9/18 BUS 120-Financial Acct-Fall...

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8:23 PM Sun Dec 9 Done mathxl.com Arthur Akko 12/9/18 BUS 120-Financial Acct-Fall 2018-Sec 1088 42 of 8 (0 complete) HW Score: 0%, 0 Score: 0 of 5 pts E12-15A (similar to) Below is the comparative income statement data for Sunny Chip, Inc. Prepare a comparative common-size income statement for Sunny Chip, Inc. Round percentages to the nearest tenth of a percent, XX%. (Click the loon to view the comparative income statement.) Sunny Chip, Inc. Common-Size Income Statement Years Ended December 31, 2016 and 2015 2016 (%) 2015 (%) Cost of goods sold Selling and general expenses nterest expense Income tax expense Total expenses Net income sold eneral expenses nse pense s Data Table Sunny Chip, Inc. Comparative Income Statement Years Ended December 31, 2016 and 2015 2016 2015 S 500,000 $ 458,800 Revenue Expenses Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses Net income 245,000 237,000 107,100 104,600 2,500 50,400 45.000 407,000 389,100 S 93,000 S 69,700 Print Done fields and then click Check Answer. Clear All

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