Computer City, Inc.'s comparative income statement is shown below:
Required:
Prepare a common-size income statement for 2012 and 2011 showing the percentages for each item listed above. Round percentages to one-tenth percent.

Question

Computer City, Inc.'s comparative income statement is shown below:
  Required:
Prepare a common-size income statement for 2012 and 2011 showing the percentages for each item listed above. Round percentages to one-tenth percent.

Quizplus · Accepted Answer

The Answer of Computer City, Inc.'s comparative income statement is shown below:
  Required:
Prepare a common-size income statement for 2012 and 2011 showing the percentages for each item listed above. Round percentages to one-tenth percent.