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Based on the two Income Statements below, what is the % growth in $ 2017 Net Income? Year ending Dec 31, 2017 Gross Sales Returns
Based on the two Income Statements below, what is the % growth in $ 2017 Net Income? Year ending Dec 31, 2017 Gross Sales Returns and Allowances $10,000 Cost of Goods Sold Operating Expenses 110,000 Administrative Expenses 55,000 General Expenses 860,000 510,000 40,000 Year ending Dec 31, 2016 Gross Sales Returns and Allowances $ 10,000 Cost of Goods Sold$500,000 Operating Expenses S 100,000 Administrative Expenses $ 50,000 General Expenses 800,000 40,000 1096 O 35% 0.1% 20% O 30%
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