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determine the net income for the following years. did the net income increase, decrease, or remain unchanged in this three-year period.

Exercise 13-5 Determining income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Sales Cost of goods sold Total expenses Common-Size Percents Current Yr 1 Yr Ago 2 Yrs Ago 100.0% 100.0% 100. 63.4 61.9 59.1 15.3 14.8 15.1 Trend Percents Current Yr 1 Yr Ago 2 Yrs Ago 105.48 1 04.2 100.0% 113.1 109.1 100.0 106.8 102.1 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Net Income Change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Current Y 1 Yr Ago Sales Cost of Goods Sold 2 Yrs Ago $ 100,000 59.100 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Net Income Change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Current Y 1 Yr Ago Sales $ 100 Cost of Goods Sold Total Expenses Net Income 2 Yrs Ago 100,000 59,100 15,100 $ 25,800 Net Income Change in Net Income > etermine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Net Income Change in Net Income Did the net income increase, decrease, or remain unchanged in this three-year period? Did the net income increase, decrease, or remain unchanged in this three-year period? Net Income Change in Net Income

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