x Requirements X%.) 1. Prepare common-size income statements. 2. Which company earns more net income?...
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x Requirements X%.) 1. Prepare common-size income statements. 2. Which company earns more net income? 3. Which company's net income is a higher percentage of its net sales revenue? Print Done - Data table Jeter Fox Net Sales Revenue 9,000 $ 5,499 2,979 26,000 18,902 5,850 Cost of Goods Sold Other Expenses Net Income 522 $ 1,248 Print Done Requirement 1. Prepare common-size income statements. (Round your answers to one decimal place, X.X%.) Jeter Versus Fox Common-Size Income Statement (Partial) Year Ended December 31 Jeter % Fox % Net Sales Revenue % % Cost of Goods Sold % % Other Expenses % % Net Income % %
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