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Comparative income statement for Deep Sea Company for 2016 and 2015 are given below:   Prepare the common size income statement of Deep Sea Company for 2016 and 2015. Enter the numbers without decimals. Do not round off the numbers. Add % sign after the numbers. Revenue   unanswered        unanswered      Cost Of goods sold   unanswered        unanswered      Gross profit   unanswered        unanswered      Selling and general expenses   unanswered        unanswered      Operating profit   unanswered        unanswered      Interest expense   unanswered        unanswered      Income before tax   unanswered        unanswered      Income tax expenses   unanswered        unanswered      Net Profit   unanswered        unanswered

Comparative income statement for Deep Sea Company for 2016 and 2015 are given below:   Prepare the common size income statement of Deep Sea Company for 2016 and 2015. Enter the numbers without decimals. Do not round off the numbers. Add % sign after the numbers. Revenue   unanswered        unanswered      Cost Of goods sold   unanswered        unanswered      Gross profit   unanswered        unanswered      Selling and general expenses   unanswered        unanswered      Operating profit   unanswered        unanswered      Interest expense   unanswered        unanswered      Income before tax   unanswered        unanswered      Income tax expenses   unanswered        unanswered      Net Profit   unanswered        unanswered

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 1MAD
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Comparative income statement for Deep Sea Company for 2016 and 2015 are given below:

 

Prepare the common size income statement of Deep Sea Company for 2016 and 2015. Enter the numbers without decimals. Do not round off the numbers. Add % sign after the numbers.

Revenue
  unanswered 

 

 
  unanswered 

 

 
Cost Of goods sold
  unanswered 

 

 
  unanswered 

 

 
Gross profit
  unanswered 

 

 
  unanswered 

 

 
Selling and general expenses
  unanswered 

 

 
  unanswered 

 

 
Operating profit
  unanswered 

 

 
  unanswered 

 

 
Interest expense
  unanswered 

 

 
  unanswered 

 

 
Income before tax
  unanswered 

 

 
  unanswered 

 

 
Income tax expenses
  unanswered 

 

 
  unanswered 

 

 
Net Profit
  unanswered 

 

 
  unanswered 

 

 
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