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Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow....

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Accounting

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Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Trend Percents 2015 2014 2013 2015 2014 2013 100.0% 100.0% 100.0% 104.2% 103.0% 100.0% Sales Cost of goods sold 632 61.0 56.9 115.7 1104 1000 Total expenses ok 14.3 13.8 141 1057 100.8 1000 nt Determine the net income for the following years. (Enter all amounts as positive values.) int ences 2015 2014 2013 Sales Cost of Goods Sold Total Expenses Net Income S 100,000 56.900 14.100 S 29,000 Did the net income increase, decrease, or remain unchanged in this three-year period? Net income decreased 3 Sales 100.0% 100.0% 100.0% 104.2% 1030% 1000% Cost of goods sold 63.2 61.0 56.9115.7 1104 100.0 Total expenses 143 13.8 1411057 100.8 1000 2 points Determine the net income for the following years. (Enter all amounts as positive values) eBook Hint Print References 2015 2014 2013 Sales Cost of Goods Sold Total Expenses Net Income 100,000 56.900 14.100 S29,000 Did the net income increase, decreasel or remain unchanged in this three.year period Net income decreased Net income increased O Remained unchanged

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