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 $452,200 $392,000 Expenses: Cost of Goods Sold 203,110 188,350 Selling & Admin, Exp. 118,270 111,310 Other Expense 8,460 1,150 Total Expenses 329,840 300,810 Net Income $122,360 $91,190
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 452,200.00 392,000.00 60,200.00 15.36 Expenses: Cost of Goods Sold 203,110.00 188,350.00 14,760.00 7.84 Selling & Admin, Exp. 118,270.00 111,310.00 6,960.00 6.25 Other Expense 8,460.00 1,150.00 7,310.00 635.65 Total Expenses 329,840.00 300,810.00 29,030.00 9.65 Net Income 122,360.00 91,190.00 31,170.00 34.18