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Prepare a common-size analysis of this section of Carla Vista Burgers income statement. Your answers...

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Accounting

Prepare a common-size analysis of this section of Carla Vista Burgers income statement. Your answers may not add perfectly due to rounding. (Round answers to 1 decimal place, e.g. 50.2%.)

Could you show solutions or formulas used.

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Carla Vista Burgers operates and franchises fast-food restaurants specializing in grilled hamburgers and chicken sandwiches. The 2015 and 2016 income statements are as follows (in $000s): Year Ended December 31, 2016 December 31, 2015 Total revenues $41,021 $40,513 Expenses Cost of restaurant sales 11,142 11,066 Restaurant operating expenses 16,917 16,739 General and administrative 6,820 5,300 Advertising 2,561 2,662 Depreciation and amortization 2,235 2,122 Impairment of long-lived assets 989 Total expenses 40,664 37,889 Operating income $357 $2,624 2016 2015 Total Revenues 100 % 100 % Expenses Cost of restaurant sales Restaurant operating expenses General and administrative Advertising Depreciation and amortization Impairment of long-lived assets Total expenses Operating income

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