Compute the component percentages for Trixy Magic's income statement below. Note: Enter your answers as...
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Accounting
Compute the component percentages for Trixy Magic's income statement below. Note: Enter your answers as a percentage rounded to 2 decimal place (i.e. 0.1234 should be entered as 12.34 ). Enter all answers as positive values. Check my work \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Net sales } & \multicolumn{2}{|c|}{ Fiscal 2021} & \multicolumn{2}{|l|}{% Sales } & \multicolumn{2}{|c|}{ Fiscal 2020} & \multicolumn{2}{|l|}{% Sales } & \multicolumn{2}{|c|}{ Fiscal 2019} & \multicolumn{2}{|l|}{% Sales } \\ \hline & $ & 48,232 & 100.00 & % & $ & 48,285 & 100.00 & % & $ & 46,943 & 100.00 & % \\ \hline Cost of sales & & 31,741 & & & & 31,568 & & & & 30,738 & & \\ \hline Gross margin & & 16,491 & 100.00 & & & 16,717 & 100.00 & & & 16,205 & 100.00 & \\ \hline \multicolumn{13}{|l|}{ Expenses: } \\ \hline Selling, general, and administrative & & 11,091 & & & & 10,524 & & & & 9,752 & & \\ \hline Depreciation & & 1,556 & & & & 1,377 & & & & 1,173 & & \\ \hline Interest-net & & 282 & & & & 200 & & & & 168 & & \\ \hline Total expenses & & 12,929 & 0.00 & & & 12,101 & 0.00 & & & 11,093 & 0.00 & \\ \hline Pre-tax earnings & & 3,562 & 100.00 & & & 4,616 & 100.00 & & & 5,112 & 100.00 & \\ \hline Income tax provision & & 1,329 & & & & 1,707 & & & & 1,900 & & \\ \hline Net earnings & $ & 2,233 & 100.00 & % & $ & 2,909 & 100.00 & % & $ & 3,212 & 100.00 & % \\ \hline \end{tabular}
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