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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow.
| Common-Size Percents | Trend Percents | ||||||||||||
| 2014 | 2013 | 2012 | 2014 | 2013 | 2012 | ||||||||
| Sales | 100.0 | % | 100.0 | % | 100.0 | % | 104.4 | % | 103.2 | % | 100.0 | % | |
| Cost of goods sold | 63.2 | 61.0 | 57.6 | 114.6 | 109.3 | 100.0 | |||||||
| Total expenses | 14.3 | 13.8 | 14.1 | 105.9 | 101.0 | 100.0 | |||||||
Determine the net income for the following years. (Enter all amounts as positive values.)
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