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Exercise 13-4(Algo) Computing and interpreting common-size percents LO P2 Express the following...

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Accounting

Exercise 13-4(Algo) Computing and interpreting common-size percents LO P2
Express the following comparative income statements in common-size percents. Using the common-size percents, which item is most responsible for the decline in net income?
Complete this question by entering your answers in the tabs below.
```
Income
Reason for
Statement
Decline in Net
Income
```
Express the following comparative income statements in common-size percents.
Note: Round your percentage answers to 1 decimal place.
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