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 $451,170 $392,170 Expenses: Cost of Goods Sold 201,570 189,580 Selling & Admin, Exp. 118,550 110,670 Other Expense 8,630 2,370 Total Expenses 328,750 302,620 Net Income $122,420 $89,550
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 451,170.00 392,170.00 59,000.00 15.04 Expenses: Cost of Goods Sold 201,570.00 189,580.00 11,990.00 6.32 Selling & Admin, Exp. 118,550.00 110,670.00 7,880.00 7.12 Other Expense 8,630.00 2,370.00 6,260.00 264.14 Total Expenses 328,750.00 302,620.00 26,130.00 8.63 Net Income 122,420.00 89,550.00 32,870.00 36.71