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 $450,440 $392,860 Expenses: Cost of Goods Sold 201,800 190,870 Selling & Admin, Exp. 120,070 113,140 Other Expense 8,490 1,210 Total Expenses 330,360 305,220 Net Income $120,080 $87,640
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 450,440.00 392,860.00 57,580.00 14.66 Expenses: Cost of Goods Sold 201,800.00 190,870.00 10,930.00 5.73 Selling & Admin, Exp. 120,070.00 113,140.00 6,930.00 6.13 Other Expense 8,490.00 1,210.00 7,280.00 601.65 Total Expenses 330,360.00 305,220.00 25,140.00 8.24 Net Income 120,080.00 87,640.00 32,440.00 37.02