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Common Sized Statements

Attached is the two problems that I need help with.

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The excel spreadsheet I worked with is also attached for easier viewing.

1. Common size income statement is created by taking all the numbers in the income statement and stating them as a percentage of Sales or Revenue.

Fox Manufacturing Company
Income Statement
for the Year Ended December 31, 2006

Sales revenue ............................................ 100%
Less: Cost of goods sold .................................... 77%
Gross profits .................................... 23%
Less: Operating expenses
General and administrative expenses 5%
Depreciation expense 5%
Total operating expense.................................... 10%
Operating profits ............................................. 13%
Less: Interest expense ................................... 2%
Net profits before taxes ................................. 12%
Less: Taxes ............................................. 5%
Net profits after taxes (earnings available 7%
for common stockholders)

Earnings per share (EPS) $2.15

The differences between the 2005 and ...

$2.19