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Please show how the table is to be filled in with correct answers
Problem 13-2A Ratios, common-size statements, and trend percents LO P1, P2, P3 The following Information applies to the questions displayed below Selected comparative financlal statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2817, 2816, and 2815 2817 2816 2815 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income taxes Net income 531,383 487,883 319,893 211,490 282, 58e 188,886 181,788 37,298 35,823 23,448 68,738 48,962 8,315 $ 71,803 45,957 32,647 257,276 149,887 56,177 75,456 47,824 123,288 88,218 16,487 92,88e 57,887 11,858 KORBIN COMPANY Comparative Balance Sheets December 31, 2817, 2816, and 2815 2817 2816 2815 AssetS Current assets Long-term investments Plant assets, net Total assets $ 53,445 41,814 55,896 3,720 62,815 151,187 146, 889 121,631 1,18e 183,895 97,742 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity $ 22,873 21,875 21, 285 54,8ee 6,800 48, 346 151,187 146, 889 121,631 72,88e 9,88e 48,114 72,88e 9,88e 43,934
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