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 $451,180 $393,350 Expenses: Cost of Goods Sold 203,980 188,020 Selling & Admin, Exp. 121,190 114,180 Other Expense 7,230 2,800 Total Expenses 332,400 305,000 Net Income $118,780 $88,350
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 451,180.00 393,350.00 57,830.00 14.70 Expenses: Cost of Goods Sold 203,980.00 188,020.00 15,960.00 8.49 Selling & Admin, Exp. 121,190.00 114,180.00 7,010.00 6.14 Other Expense 7,230.00 2,800.00 4,430.00 158.21 Total Expenses 332,400.00 305,000.00 27,400.00 8.98 Net Income 118,780.00 88,350.00 30,430.00 34.44