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Business, 23.01.2020 18:31 dfgt5620

Presented are the income statements of conley and woolf publications companies for the current year: conley woolf net sales revenue $487,000 100.00% $500,000 100.00% cogs 400,000 82.14% 425,000 85.00% gross profit 87,000 17.86% 75,000 15.00% selling/gen expenses 30,000 6.16% 52,000 10.40% income from operations 57,000 11.70% 23,000 4.60% income tax expense 17,100 3.51% 18,500 3.70% net income $39,900 8.19% $4,500 0.90% what should woolf do to improve its performance to match or to exceed conley's performance?

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