Try another version of this question Data for Renee's Designs, Inc. follow: Note: When inputting a percentage value, do not include the % symbol, and round your answer to two decimal places (e.g., 50.35).
Comparative Income Statement
Years Ending December 31, 2020 and 2019Account 2020 2019 Net Sales Revenue $452,000 $392,460 Expenses: Cost of Goods Sold 202,570 190,040 Selling & Admin, Exp. 118,510 113,030 Other Expense 8,920 2,940 Total Expenses 330,000 306,010 Net Income $122,000 $86,450
Comparative Income Statement
Years Ending December 31, 2020 and 2019Increase (Decrease) 2020 2019 Amount Percentage Net Sales Revenue Expenses: Cost of Goods Sold Selling & Admin, Exp. Other Expense Total Expenses Net Income
Comparative Income Statement
Years Ending December 31, 2020 and 2019Increase (Decrease) 2020 2019 Amount Percentage Net Sales Revenue 452,000.00 392,460.00 59,540.00 15.17 Expenses: Cost of Goods Sold 202,570.00 190,040.00 12,530.00 6.59 Selling & Admin, Exp. 118,510.00 113,030.00 5,480.00 4.85 Other Expense 8,920.00 2,940.00 5,980.00 203.40 Total Expenses 330,000.00 306,010.00 23,990.00 7.84 Net Income 122,000.00 86,450.00 35,550.00 41.12