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Tower Pharmacy pays out a fixed percentage of its net income to its shareholders in the form of annual dividends. Given this, the percentage shown on a common-size income statement for the dividend account will:

Respuesta :

The percentage shown on a common-size income statement for the dividend account will vary in direct relation to changes in the sales level.

What is net Income?

It should be noted that net income simply means the profitability of a company after the expenses have been removed.

In this case, the percentage shown on a common-size income statement for the dividend account will vary in direct relation to changes in the sales level.

Learn more about income on:

https://brainly.com/question/25745683

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