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 $451,830 $393,600 Expenses: Cost of Goods Sold 200,650 188,900 Selling & Admin, Exp. 119,290 111,270 Other Expense 8,480 2,300 Total Expenses 328,420 302,470 Net Income $123,410 $91,130
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 451,830.00 393,600.00 58,230.00 14.79 Expenses: Cost of Goods Sold 200,650.00 188,900.00 11,750.00 6.22 Selling & Admin, Exp. 119,290.00 111,270.00 8,020.00 7.21 Other Expense 8,480.00 2,300.00 6,180.00 268.70 Total Expenses 328,420.00 302,470.00 25,950.00 8.58 Net Income 123,410.00 91,130.00 32,280.00 35.42