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 $450,380 $392,070 Expenses: Cost of Goods Sold 201,820 188,980 Selling & Admin, Exp. 120,210 112,290 Other Expense 7,330 1,760 Total Expenses 329,360 303,030 Net Income $121,020 $89,040
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 450,380.00 392,070.00 58,310.00 14.87 Expenses: Cost of Goods Sold 201,820.00 188,980.00 12,840.00 6.79 Selling & Admin, Exp. 120,210.00 112,290.00 7,920.00 7.05 Other Expense 7,330.00 1,760.00 5,570.00 316.48 Total Expenses 329,360.00 303,030.00 26,330.00 8.69 Net Income 121,020.00 89,040.00 31,980.00 35.92