Below is the comparative income statement data for C. Gabel, Inc. Prepare a comparative common-size...
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Below is the comparative income statement data for C. Gabel, Inc. Prepare a comparative common-size income statement for C. Gabel, Inc. Round percentages to the nearest tenth of a percent, XX% (Click the icon to view the comparative income statement.) Data Table C. Gabel, Inc. Common-Size Income Statement Years Ended December 31, 2018 and 2017 2018 (%) 2017 (%) Revenue Expenses: Cost of goods sold Selling and general expenses Interest expense C. Gabel, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 | 2017 Revenue $ 500,000 S 439,500 Expenses: Cost of goods sold 254,000 235,000 Selling and general expenses 107,500 105,500 Interest expense 6,000 4,000 Income tax expense 47,700 46,000 Total expenses 415,200 390.500 $ 84,800 $ Net Income Income tax expense Total expenses Net income Enter any number in the edit fields and then continue to the next question Print Done
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