Comparative Income Statements Consider the following income statement data from the Ross Company: 2013 2012 Sales revenue Cost of goods sold Selling expenses $525,000 $450,000 336,000 279,000 105,000 99,000 Administrative expenses 60,000 54,000 7,800 5,400 Income tax expense Prepare a comparative income statement, showing increases and decreases in dollars and in percentages. (Round to ROSS COMPANY Comparative Income Statements Increase (Decrease) Percent Change 2013 2012 Sales Revenue Cost of Goods Sold Prepare a comparative income statement, showing increases and decreases in dollars and in p ROSS COMPANY Comparative Income Statements Percent Change Increase 2013 2012 Decrease) Sales Revenue Cost of Goods Sold Selling Expenses Administrative Expenses 96 Total Selling Expenses 96 Administrative Expenses 96 Total Income before Income Taxes Save Answers Previous page