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a. Prepare common size income statements for Price Company, a sole proprietorship, for the two years shown as above by converting the dollar amounts into percentages. For each year, sales will appear as 100 percent and other items will be expressed as a percentage of sales. (Income taxes are not involved as the business is not incorporated) b. State whether the changes from year 1 to year 2 are favorable or unfavorable. Complete this question by entering your answers in the tabs below. Prepare common size income statements for Price Company, a sole proprietorship, for the two years shown as above by converting the dollar amounts into percentages. For each year, sales will appear as 100 percent and other items wilt be expressed as a percentage of sales. (Income taxes are not involved as the business is not incorporated.) Complete this question by entering your answers in the tabs below. State whether the changes from year 1 to year 2 are favorable or unfavorable: Prepare common size income statements for Price Company, a sole proprietorship, for the two converting the dollar amounts into percentages. For each year, sales will appear as 100 percent expressed as a percentage of sales. (Income taxes are not involved as the business is not incor

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