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 $451,160 $393,160 Expenses: Cost of Goods Sold 203,470 187,710 Selling & Admin, Exp. 119,700 113,350 Other Expense 8,330 2,740 Total Expenses 331,500 303,800 Net Income $119,660 $89,360
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 451,160.00 393,160.00 58,000.00 14.75 Expenses: Cost of Goods Sold 203,470.00 187,710.00 15,760.00 8.40 Selling & Admin, Exp. 119,700.00 113,350.00 6,350.00 5.60 Other Expense 8,330.00 2,740.00 5,590.00 204.01 Total Expenses 331,500.00 303,800.00 27,700.00 9.12 Net Income 119,660.00 89,360.00 30,300.00 33.91