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A comparative income statement is gwen bqow for Mckerule Sales, Uri ted of foronto. Members...

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Accounting

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A comparative income statement is gwen bqow for Mckerule Sales, Uri ted of foronto. Members of the company's board of directors are surprsed to see that nef income incrensed by only 539 , who when saves increwand by $1,768.800 Required: 1. Fxpress ench years uncome statement in common fire percentages. (Round your percentuge anwwers to t decimat alace fi.e., 0.1234 should be entered as 12.34H A comparative income statement is given below for McKenzie Sales, Limited, of Toronto: Members of the company's board of directors are surprised to see that net income increased by only $139.800 when sales increased by $1,768,800. Required: 1. Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place fi.e., 0.1234 should be entered as 12.3).) Members of the company's board of directors are surprised to see that net income increased by only $139,800 when sales increased by $1,768,800 Required: 1. Express each year's income statement in common-size percentages, (Round your percentage answers to 1 decimal place fie., 0.1234 should be entered as 12.3).)

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