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 $452,230 $392,910 Expenses: Cost of Goods Sold 201,870 190,600 Selling & Admin, Exp. 119,970 112,850 Other Expense 7,770 1,920 Total Expenses 329,610 305,370 Net Income $122,620 $87,540
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 452,230.00 392,910.00 59,320.00 15.10 Expenses: Cost of Goods Sold 201,870.00 190,600.00 11,270.00 5.91 Selling & Admin, Exp. 119,970.00 112,850.00 7,120.00 6.31 Other Expense 7,770.00 1,920.00 5,850.00 304.69 Total Expenses 329,610.00 305,370.00 24,240.00 7.94 Net Income 122,620.00 87,540.00 35,080.00 40.07