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 $451,990 $393,360 Expenses: Cost of Goods Sold 203,640 189,050 Selling & Admin, Exp. 120,990 112,790 Other Expense 8,650 2,520 Total Expenses 333,280 304,360 Net Income $118,710 $89,000
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 451,990.00 393,360.00 58,630.00 14.90 Expenses: Cost of Goods Sold 203,640.00 189,050.00 14,590.00 7.72 Selling & Admin, Exp. 120,990.00 112,790.00 8,200.00 7.27 Other Expense 8,650.00 2,520.00 6,130.00 243.25 Total Expenses 333,280.00 304,360.00 28,920.00 9.50 Net Income 118,710.00 89,000.00 29,710.00 33.38