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 $451,240 $393,960 Expenses: Cost of Goods Sold 201,510 190,850 Selling & Admin, Exp. 120,300 110,880 Other Expense 8,390 2,030 Total Expenses 330,200 303,760 Net Income $121,040 $90,200
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 451,240.00 393,960.00 57,280.00 14.54 Expenses: Cost of Goods Sold 201,510.00 190,850.00 10,660.00 5.59 Selling & Admin, Exp. 120,300.00 110,880.00 9,420.00 8.50 Other Expense 8,390.00 2,030.00 6,360.00 313.30 Total Expenses 330,200.00 303,760.00 26,440.00 8.70 Net Income 121,040.00 90,200.00 30,840.00 34.19