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 $393,060 Expenses: Cost of Goods Sold 203,960 187,940 Selling & Admin, Exp. 118,160 111,860 Other Expense 7,600 1,880 Total Expenses 329,720 301,680 Net Income $122,280 $91,380
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 452,000.00 393,060.00 58,940.00 15.00 Expenses: Cost of Goods Sold 203,960.00 187,940.00 16,020.00 8.52 Selling & Admin, Exp. 118,160.00 111,860.00 6,300.00 5.63 Other Expense 7,600.00 1,880.00 5,720.00 304.26 Total Expenses 329,720.00 301,680.00 28,040.00 9.29 Net Income 122,280.00 91,380.00 30,900.00 33.81