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  3. stuart corporation reported the following operatin

Stuart Corporation reported the following operating results for two consecutive years: Required ...

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Accounting

Stuart Corporation reported the following operating results for two consecutive years:
Required
a. Compute the percentage changes in Stuart Corporations income statement components between the two years. (Negative amounts should be indicated by a minus sign. Round your percentage answers to 1 decimal place. (i.e.,0.234 should be entered as 23.4).)
\table[[STUART CORPORATION],[Income Statements,],[,,Year 3,,Year 2,\table[[Percentag],[Change]],],[Sales,,1,298,000,$,1,001,000,,%],[Cost of goods sold,,798,270,,600,600,,],[Gross margin,,499,730,,400,400,,],[Operating expenses,,300,000,,196,500,,],[Income before taxes,,199,730,,203,900,,],[Income taxes,,61,900,,52,900,,],[Net income (loss),$,137,830,$,151,000,,%]]
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