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 $450,970 $392,580 Expenses: Cost of Goods Sold 201,260 188,790 Selling & Admin, Exp. 121,890 111,840 Other Expense 7,800 1,310 Total Expenses 330,950 301,940 Net Income $120,020 $90,640
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 450,970.00 392,580.00 58,390.00 14.87 Expenses: Cost of Goods Sold 201,260.00 188,790.00 12,470.00 6.61 Selling & Admin, Exp. 121,890.00 111,840.00 10,050.00 8.99 Other Expense 7,800.00 1,310.00 6,490.00 495.42 Total Expenses 330,950.00 301,940.00 29,010.00 9.61 Net Income 120,020.00 90,640.00 29,380.00 32.41