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 $451,950 $393,790 Expenses: Cost of Goods Sold 203,060 189,870 Selling & Admin, Exp. 119,710 111,700 Other Expense 7,170 1,300 Total Expenses 329,940 302,870 Net Income $122,010 $90,920
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 451,950.00 393,790.00 58,160.00 14.77 Expenses: Cost of Goods Sold 203,060.00 189,870.00 13,190.00 6.95 Selling & Admin, Exp. 119,710.00 111,700.00 8,010.00 7.17 Other Expense 7,170.00 1,300.00 5,870.00 451.54 Total Expenses 329,940.00 302,870.00 27,070.00 8.94 Net Income 122,010.00 90,920.00 31,090.00 34.19