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 $451,810 $393,140 Expenses: Cost of Goods Sold 203,420 187,910 Selling & Admin, Exp. 118,650 112,520 Other Expense 8,750 2,640 Total Expenses 330,820 303,070 Net Income $120,990 $90,070
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 451,810.00 393,140.00 58,670.00 14.92 Expenses: Cost of Goods Sold 203,420.00 187,910.00 15,510.00 8.25 Selling & Admin, Exp. 118,650.00 112,520.00 6,130.00 5.45 Other Expense 8,750.00 2,640.00 6,110.00 231.44 Total Expenses 330,820.00 303,070.00 27,750.00 9.16 Net Income 120,990.00 90,070.00 30,920.00 34.33