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 $452,100 $393,000 Expenses: Cost of Goods Sold 201,700 188,950 Selling & Admin, Exp. 119,470 114,180 Other Expense 8,400 2,300 Total Expenses 329,570 305,430 Net Income $122,530 $87,570
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 452,100.00 393,000.00 59,100.00 15.04 Expenses: Cost of Goods Sold 201,700.00 188,950.00 12,750.00 6.75 Selling & Admin, Exp. 119,470.00 114,180.00 5,290.00 4.63 Other Expense 8,400.00 2,300.00 6,100.00 265.22 Total Expenses 329,570.00 305,430.00 24,140.00 7.90 Net Income 122,530.00 87,570.00 34,960.00 39.92