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    ladybug123456's Avatar
    ladybug123456 Posts: 1, Reputation: 1
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    #1

    Apr 18, 2016, 06:23 PM
    Common size income statement
    Prepare a common size income statement (round to one decimal place)
    Revenues 30,020
    Cost of goods sold (19,950)
    Gross profit 10,070
    Operating expenses (7,960)
    Net operating income 2,110
    Interest expense (940)
    Earning before taxes 1,170
    Taxes (425)
    Net income 745
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
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    #2

    Apr 18, 2016, 06:31 PM
    Quote Originally Posted by ladybug123456 View Post
    Prepare a common size income statement (round to one decimal place)
    Revenues 30,020
    Cost of goods sold (19,950)
    Gross profit 10,070
    Operating expenses (7,960)
    Net operating income 2,110
    Interest expense (940)
    Earning before taxes 1,170
    Taxes (425)
    Net income 745


    Show us what you have so far. We don't do your homework so you won't have to. We can only help AFTER you show us your work.
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #3

    Apr 18, 2016, 06:44 PM
    If you Google your topic, you will find 2.6MILLION hits.
    Here is one Common-Size Income Statement Definition & Example | Investing Answers
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