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Chapter 17 Ratio Analysis and Reporting Help sele Checy 4 Selected comparative financial statements of Korbin Company follow Part 2 of 3 2019 KORON COPANY
Chapter 17 Ratio Analysis and Reporting Help sele Checy 4 Selected comparative financial statements of Korbin Company follow Part 2 of 3 2019 KORON COPANY Comparative Income Statements For Years Ceded December 31 2021 2020 Sales 527,621 $44,201 Cest of goods sold 313,6 353,000 Bross profit 309,993 151,171 Selling expenses Landinistrative expenses 35,320 Total expenses 92350 I gone before tes 0,503 59,021 Income tax expense 16201 12,26 et Income $ 12,294 $ 47,550 $ 200,00 179.520 100,960 37.00 11.11 Dolms 74,5 55,700 14 2,22 Sepped 2.300 40,672 0.24 $ 32,416 Het 2019 1.57,441 39,901 100 100 118 KORIN COMPANY Comparative lance Sheets December 2031 Assets Current $ 3.73 Long temets Panther 114,410 Totalt $ 114,154 Clabilities avity Current 325.434 Con stoc 9.000 Otticada 3.03 Retnici 102 Tutellit 1144 $21,556 0,00 3,635 4.4 144,60 $ 20, 53,00 5. 11.11 Hei ve 4 Ceca Problem 17-2A (Algo) Part 2 Pont 2013 2. Complete the below table to calculate income statement data in common size percent Round your percentage answer to 2 decimal places) 1111 KORRE COMINY Common Sur Companive Income Statements For Year Ended Dec 31, 2001, 2000, and 2010 2021 2020 Sales Cost of goods sold Oros pro 2010 Admite Toto Income before the come Iet income
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